Question No 3 (10 Marks) Able Inc. uses the weighted average method in its process costing system. The following data concem the operations of the company's first processing department for a recent month: Work in process, beginning: Units in process 300 Stage of completion with respect to materials 60% Stage of completion with respect to conversion 30% Costs in the beginning inventory: Materials cost $342 Conversion cost $2.394 Units started into production during the month 21.000 20,700 Units completed and transferred out Costs added to production during the month: Materials cost $44,136 Conversion cost S546.750 Question No 3 (10 Marks) Able Inc. uses the weighted average method in its process costing system. The following data concem the operations of the company's first processing department for a recent month: Work in process, beginning: Units in process 300 Stage of completion with respect to materials 60% Stage of completion with respect to conversion 30% Costs in the beginning inventory: Materials cost $342 Conversion cost $2.394 Units started into production during the month 21.000 20,700 Units completed and transferred out Costs added to production during the month: Materials cost $44,136 Conversion cost S546.750