1. Metaline Corp. uses the weighted average method for inventory costs and had the following information available for the year. The number of units transferred to finished goods during the year is:

Beginning Work in Process (40% complete, $1,700)	260	units
Ending inventory of Work in Process (80% complete)	460	units
Total units started during the year	3,800	units

Multiple Choice

• 4,000 units.

• 3,800 units.

• 3,600 units.

• 4,324 units.

• 3,796 units.

2. A company uses the weighted-average method for inventory costing. At the end of the period, 20,000 units were in the ending Work in Process inventory and are 100% complete for materials and 67% complete for conversion. The equivalent costs per unit are materials, $2.57, and conversion $2.30. Compute the cost that would be assigned to the ending Work in Process inventory for the period.

Multiple Choice

• $126,440.

• $82,220.

• $109,478.

• $74,490.

• $163,400.