Fix RuV Computer Systems, Inc., manufactures chips. All direct materials are added at the inception of

the production process. During January, the accounting department noted that there was no beginning

inventory. Direct materials of $$195,500$ were used during the month. Work$-$in$-$process records revealed

that $8,500$ chips were started in January, $6,300$ chips were complete, and $5,900$ chips were spoiled as

expected. Ending work$-$in$-$process chips are complete'in respect to direct materials costs. Spoilage is not

detected until the process is complete.

What is the amount allocated to the work$-$in$-$process ending inventory?

$$59,321.$

$$9,200$

$$75,240$

$$2,736$