*****USE THE FOLLOWING DATA TO ANSWER THE NEXT TWO (2) OUESTIONS*****21. Here Co. uses weighted average process costing. At the end of the period, they had the following data:Equivalent units in BIEquivalent units to FG2.4001.000Costs in Beginning WIP:Equivalent units in EI:DMDM:Conversion$4.000$8.000CC:1.6001.600Current costs:DMConversion$2.000$3,000

* * * * * USE THE FOLLOWING DATA TO ANSWER THE NEXT TWO (2) QUESTIONS* * *** 21. Here Co. uses weighted average process costing. At the end of the period, they had the following data: Equivalent units in BI 2,400 Costs in Beginning WIP: Equivalent units to FG 1,000 DM $4,000 Equivalent units in EI: Conversion $8,000 DM: 1,600 Current costs: CC: 1,600 DM $2,000 Conversion $3,000 22. Determine the cost allocated to goods completed and transferred out. ANSWER: (15 Points) 23. Determine the cost allocated to Ending Inventory. ANSWER: (15 Points)