Rally Corp had no beginning inventory for the month and uses the weighted average method of allocating costs. All materials are added at the beginning of the month. The company transferred 3,000 units from cutting to sewing during the month and finished 2500 of those units. The units left in production were only 40% through the process. Per EU costs for the month were $6.25 for units transferred in from cutting, $4.00 for Sewing Dept materials, and $10.00 for Sewing Dept labor and other conversion costs. What is the $ amount of ending work-in-process inventory?

Box 1: Select the best answer