1 00 8 points 8 Mundes Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in its Painting Department consisted of 2,900 units that were 60% complete with respect to materials and 40% complete with respect to conversion costs. The cost of the beginning work in process inventory in the department was recorded as $9,700. During the period, 8,900 units were completed and transferred on to the next department. The costs per equivalent unit for the period were $4.90 for material and $5.90 for conversion costs. The cost of units transferred out during the month was: Multiple Choice 01:26:03 $52,510 $65,000 $96,120 $82,600