Part 2 - Calculation Question (10 marks) Using the following worksheet format, assign costs to the inventory transferred out and the ending inventory using the weighted average method. The percentages indicate the amount of work stil to be completed on the inventory. Show your calculations for full marks. HRM 422C (001) Test #1 - (Fern) Weighted Average Method Dred Water Conversion costs Begining MP Unts Dolas Direct Material Conesen tests 50 50000 3.000 1,001 550 80,000 40,000 1,000 130,000 1,00 54000 Completed 100% 100% 1.000 Transfer out Erding WP C D Assigned Costs Transfer out Ending WP 31'C+820 1 Weighted Average Method Direct Material Conversion Costs Begining WIP Started Units Dollars Direct Material Conversion Costs 450 50,000 36,000 14,000 550 80,000 40,000 40,000 1,000 130,000 76,000 54,000 % Completed 800 100% 100% 200 100% 50% 1,000 A2 Transfer out Ending WIP A1 B1 B2 Per Unit c D Assigned Costs Transfer out Ending WIP Al*C+A240 BI'C + B2*D