16) Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the company's Assembly Department for the month of June.

	Materials			Conversion
Cost per equivalent unit	$	24.30			$	27.10
Equivalent units in ending work in process		630				225

During the month, 6,200 units were completed and transferred from the Assembly Department to the next department.

Determine the cost of ending work in process inventory and the cost of units transferred out of the department during June using the weighted-average method.

17) number of companies in different industries are listed below:

1. Electric utility

2. Frozen orange juice processor

3. Specialty coffee roaster (roasts small batches of specialty coffee beans)

4. Natural gas production company

5. Commercial photographer

6. Contract oil drilling company

For each company, indicate whether the company is most likely to use job-order costing or process costing.

18) Walker Enterprises, Inc., uses a job-order costing system and sets a predetermined overhead rate at the beginning of each year based on estimated manufacturing overhead costs and estimated direct labor-hours for the upcoming year.

If the company sets its prices to cover actual direct materials costs, actual direct labor costs, and applied manufacturing overhead costs, will the company at least avoid a loss during the year?