The Assembly Department uses a process cost accounting system and a weighted-average cost flow assumption. The department adds materials at the beginning of the process and incurs conversion costs uniformly throughout the process. During July, $190,000 of materials costs and $137,100 in conversion costs were charged to the department. The beginning work in process inventory was $93,000 on July 1 , comprised of $80.000 of materials costs and $13.000 of conversion costs. A. Question 18 (6 points) The Assembly Department uses a process cost accounting system and a weighted-average cost flow assumption. The department adds materials at the beginning of the process and incurs conversion costs uniformly throughout the process. During July. $190,000 of materials costs and $137,100 in conversion costs were charged to the department. The beginning work in process inventory was $93.000 on July 1 . combrised of $80.000 of materials costs and $13.000 of conversion enste The Assembly Department uses a process cost accounting system and a weighted-average cost flow assumption. The department adds materials at the beginning of the process and incurs conversion costs uniformly throughout the process. During July. $190,000 of materials costs and $137,100 in conversion costs were charged to the department. The beginning work in process inventory was $93,000 on July 1 . comprised of $80,000 of materials costs and $13,000 of conversion costs. Other data for the month of July are as follows: Beginningworkinprocessinventory,7/1UnitscompletedandtransferredoutEndingworkinprocessinventory,7/3125,000units70,000units30,000units(40%complete)(30%complete) What is the dollar value of WIP inventory? A