Raider Corporation uses the weighted-average method in its process costing system. The Molding Department is the second department in its production process. The data below summarize the departments operations in January.

	Units	Percent Complete with Respect to Conversion
Beginning work in process inventory	8,400	10%
Transferred in from the prior department during January	71,000
Completed and transferred to the next department during January	70,800
Ending work in process inventory	8,600	80%

The Molding Departments cost per equivalent unit for conversion cost for January was $3.26. How much conversion cost was assigned to the ending work in process inventory in the Molding Department for January?

Multiple Choice

• $5,607.20

• $28,036.00

• $22,428.80

• $22,113.70