3. The production costs of ABC Company are as follows: Materials $ 99,150 Direct labor 54,925 Factory Overhead 75,050 Work in process beginning is 2,000 units completed; ending work in process inventory is 3,000 units1/3 completed. Units completed and transferred out are: 38,500. Using the weighted average method, compute: 4. a. Equivalent units for Materials assuming they are introduced at the beginning and they are 100% complete and Equivalent Units for Conversion Costs b.Compute the total cost of 38,500 completed and transferred out: I s.Compute the total cost 3000 units in Work in Process ending Inventory. nited States) Focus