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

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

Materials Conversion
Cost per equivalent unit $ 31.90 $ 27.60
Equivalent units in ending work in process 1,570 570

During the month, 7,700 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.

Total Amount

Cost of ending work in process inventory ____________

Cost of units completed and transferred out ____________

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