Question: A department uses the weighted average method of process costing. All direct materials are added at the beginning of the process. This department has the

A department uses the weighted average method of process costing. All direct materials are added at the beginning of the process. This department has the following data for this month.

155 units in beginning WIP (74% complete with respect to conversion costs).

6,962 units started

213 units in ending WIP (28% complete with respect to conversion costs).

$878 Beginning WIP direct material costs

$771 Beginning WIP conversion costs

$11,279 Current period direct material costs

$11,346 Current period conversion costs

What is the department's total cost of ending WIP for this month (round final answer to nearest cent if necessary)?

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