1: given the following information: Costs: direct Total cost materials Conversion Beginning Inventory $ 9,400 $ 9,000 $ 400 Costs added: 20,000 15,000 5,000 Total cost $ 29,400 $24,000 $ 5,400 Percent Complete Materials Conversion Units transferred out: 1,000 units Ending inventory 200 units 100% 40% 1,200 units Calculate the equivalent units with respect to direct materials and with respect to conversion costs under weighted average process costing. Calculate the total cost assigned to the 1,000 units transferred out.

2: The Winston Company uses weighted average process costing. The following is an incomplete statement of cost of goods manufactured: Beginning inventory $ 2,700 Cost incurred: Direct materials $ 5,100 Direct Labor 6,100 Applied Overhead 12,200 $23,400 $26,100 Less: Ending inventory ? Cost of goods manufactured ? The $2,700 cost of beginning inventory included $400 of direct material charges and $2,300 of conversion cost charges. During the period, 100 units were transferred out. The ending work-in-process inventory consists of 10 units that are 100% complete with respect to direct materials and 30% complete with respect to conversion activities.