Question: 3. Fred Flintstone Corp. uses the weighted-average method in its process costing system. Materials are 37% complete at the end of the period in the

3. Fred Flintstone Corp. uses the weighted-average method in its process costing system. Materials are 37% complete at the end of the period in the Forming Department, which is the first of two stages in its production process. Information concerning operations in the Forming Department in October follows:

	Units		Materials Cost
Work in process on October 1		4,000	$	3,200
Units started during October		50,000	$	27,056
Units completed and transferred to the next Department during October		46,000

What was the materials cost of work in process at October 31?

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