3 Wired One Company uses the weighted average method in its process costing system. The Coating Department is the second department in its production process. The data below summarize the department's operations in February % complete 70% Units Beginning work in process Inventory Transferred in from the prior department during January Completed and transferred to the next department during January Ending work in process Inventory 4,600 50,000 53,000 1,600 30% The Coating Department's production report indicates that the cost per equivalent unit for conversion cost for January was $4.37. How much conversion cost was assigned to the ending work-in-process inventory in the Coating Department for February? a. $3,589.20 b. $6,121.80 c. $5.081.20 d. $2,097.60 e none of the above