Question: Sam Inc. uses the weighted average method of process costing. The company's ending work in process inventory consisted of 8,000 units that were 80% complete.

Sam Inc. uses the weighted average method of process costing. The company's ending work in process inventory consisted of 8,000 units that were 80% complete. Materials are added at the beginning of processing. The direct materials cost per equivalent unit was $3.20, and the conversion cost per equivalent unit was $1.80. What is the amount of cost Sam would assign to ending work in process inventory

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