1. During March, the following costs were charged to the manufacturing department: $14,886 for materials; $14,656 for labor; and $13,820 for manufacturing overhead. The records show that 30,680 units were completed and transferred, while 2,400 remained in ending inventory. There were 33,080 equivalent units of material and 31,640 of conversion costs. Using the weighted-average method, what is the cost of inventory transferred and the balance in work in process inventory?

2. The following data show the units in beginning work in process inventory, the number of units started, the number of units transferred, and the percent completion of the ending work in process for conversion. Given that materials are added at the beginning of the process, what are the equivalent units for material and conversion costs for each quarter using the weighted-average method? Assume that the quarters are independent.

Costs to Account For Beginning inventory: materials Beginning inventory: conversion Direct materials Direct labor Applied overhead Transferred-in materials Transferred-in conversion Total costs to account for $ 5,000 1,000 24,170 44,500 12,400 8,000 10,200 $105,270 Units to Account For Beginning work in process Units started into production Transferred out 3,500 85,000 84,000