work in process, beginning. Units in process 200 Completion with respect to materials 55% Completion with respect to conversion 30% Costs in the beginning inventory: Materials cost $9,600 Conversion cost $5,575 Units started into production during the period 5,000 Costs added to production during the period: Materials cost $368.600 Conversion cost $350,900 Work in process, ending? Units in process 400 Completion with respect to materials 40% Completion with respect to conversion 25% Enter a formula into each of the cells marked with a ? below Weighted Average method: Equivalent Units of Production Materials Conversion Units transferred to the next department 4,800 4,800 Ending work in process: Materials 160 Conversion 100 Equivalent units of production 4.960 4,900 Costs per Equivalent Unit Materials Conversion Cost of beginning work in process inventory $ 9,600 5,575 Costs added during the period $368,600 $350,900 Total cost $ 378,200 $ 356,475 Equivalent units of production 4,960 4,900 Cost per equivalent unit $76.25 $72.75 Costs of Ending Work in Process Inventory and the Units Transferred Out Materials Conversion Total Ending work in process inventory: Equivalent units of production 160 100 Cost per equivalent unit $76.25 $72.75 Cost of ending work in process inventory $12,200 $7.275 $19.475 Units completed and transferred out: Units transferred to the next department 4.800 4,800 Cost per equivalent unit $76.25 $72.75 Cost of units transferred out $366,000 $349,200.00 $715,200 Cost Reconciliation Costs to be accounted for: Cost of beginning work in process inventory $15,175 Costs added to production during the period $719,500 Total cost to be accounted for $734.675 Costs accounted for as follows: Cost of ending work in process inventory $19,475 Cost of units transferred out $715,200 Total cost accounted for $734,675