Question: OK Corporation uses the weighted-average method in its process costing. The following data concern the company's Assembly Department for the month of June. Cost per

OK Corporation uses the weighted-average method in its process costing. The following data concern the company's Assembly Department for the month of June.

Cost per equivalent unit $31.10 materials $26.80 conversion

Equivalent units in ending work in process 1,520 materials 570 conversion

During the month, 7,100 units were completed and transferred from the Assembly Department to the next department.

Required

Determine the cost of ending work in process inventory and the cost of units transferred out of the department during June using the weighted-average method.

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