3. Hi-Test Company uses the weighted average method of process costing to me that all production costs to its products. Information for September follows. 4 SHt labor and materials are added at the beginning of its production procesS, a factory overhead are added uniformly through-out process Assume that all and that direct labor Goods in process inventory, September 1 (2,000 units, 100% complete with respect to direct materials, 80% complete with respect to labor and overhead; includes $45,000 of direct material cost, S in direct labor cost, $30,720 overhead cost).... direct $101,320 28,000 Units started in September Units completed and transferred to finished goods inventory Goods in process inventory, September 30 Units, 100% complete with 23,000 respect to direct materials, 40% complete with respect to direct l abor Costs incurred in September Direct materials.. Overhead applied at 120% of direct labor cost......... S375,000 $155,000