Question: Where Co. uses weighted average process costing. At the end of the period, they had the following data:Equivalent units in BlEquivalent units to FGEquivalent units

Where Co. uses weighted average process costing. At the end of the period, they had the following data:Equivalent units in BlEquivalent units to FGEquivalent units in El:DM:CC:1.4002.0002.000400Costs in Beginning WIP:DMConversionCurrent costs:DMConversion$6 000$8,000$4.000$5,000Determine the cost allocated to goods completed and transferred out.ANSWER:Determine the cost allocated to Ending Inventory.ANSWER:

Where Co. uses weighted average process costing. At the end of the period, they had the following data: Equivalent units in BI 1,400 Costs in Beginning WIP: Equivalent units to FG 2,000 DM $6,000 Equivalent units in EI: Conversion $8,000 DM: 2,000 Current costs: CC: 400 DM $4,000 Conversion $5,000 25. Determine the cost allocated to goods completed and transferred out. ANSWER: (5 pts.) 26. Determine the cost allocated to Ending Inventory. ANSWER: (5 pts.)

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