Tannenbaum Corporation uses the weighted average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 400 units. The costs and percentage completion of these units in beginning inventory were:

Cost % complete

Materials costs 5,700 65%

Conversion costs 6,800 45%

A total of 6,500 units were started and 5,900 units were transferred to the second processing department during the month. The first processing department incurred $125,500 of materials costs and $206,950 of conversion costs during the month.

The ending inventory was 50% complete with respect to materials and 35% complete with respect to conversion costs. Complete the following to determine the cost of ending WIP inventory in the first processing department (show calculations if needed):

Number of units in ending WIP

	Materials	Conversion
Units transferred to the next department
+ Ending WIP
Equivalent units of production

	Materials	Conversion
Cost of beginning WIP
+ Costs added during the period
Total cost
/ Equivalent units of production
Cost per equivalent unit

ENDING WORK-IN-PROCESS INVENTORY:	Materials	Conversion	TOTAL
Units in Ending WIP
x Cost per equivalent unit
Cost of Ending Work-in-Process inventory