Kurtulus Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory 2,600 Materials costs $ 9,000 Conversion costs $ 4,300 Percent complete with respect to materials 55 % Percent complete with respect to conversion 25 % Units started into production during the month 8,500 Units transferred to the next department during the month 7,700 Materials costs added during the month $ 112,100 Conversion costs added during the month $ 85,200 Ending work in process inventory: Units in ending work in process inventory 3,400 Percent complete with respect to materials 70 % Percent complete with respect to conversion 55 % The cost of ending work in process inventory in the first processing department according to the companys cost system is closest to

• $56,070

• $46,082

• $68,983

• $49,614