Question: A company uses the weighted-average method for inventory costing. At the end of the period, 17,000 units were in the ending goods in process inventory

A company uses the weighted-average method for inventory costing. At the end of the period, 17,000 units were in the ending goods in process inventory and are 100% complete for materials and 72% complete for labor and overhead. The equivalent costs per unit are; materials, $2.62, labor, $2.15, and overhead, $3.15. Compute the cost that would be assigned to the ending goods in process inventory for the period.

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