Question: Walborn Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a particular department consisted of 15,000 units,

Walborn Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a particular department consisted of 15,000 units, 100% complete with respect to materials cost and 40% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $24,000. A total of 47,000 units were transferred out of the department during the month. The costs per equivalent unit were computed to be $2 for materials and $3.8 for conversion costs. The total cost of the units completed and transferred out of the department was:

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