0 Required information Exercise 8-33 & 8-34 (Algo) (LO 8-2,3) [The following information applies to the questions displayed below) The Matsui Lubricants plant uses the weighted average method to account for its work in process inventories. The accounting records show the following information for a particular day 951 452 Beginning WIP inventory Direct materiale Conversion cost Carte period conto Det sateca Cavion costs le, 770 10.073 Quantity Information is obtained from the manufacturing records and includes the following Beginning inventory Current period units started Ending inventory 150 units 1601 complete all to maturals, 545 complete as to conversion) 5,200 unit 1.400 units (Complete as to materials 201 complete to conversion) Exercise 8-34 (Algo) Assign Costs to Goods Transferred Out and Ending Inventory: Weighted-Average Method (LO 8-2,3)