6. Mermain Inc., manufactures products that pass through two processes. The company uses the weighted average method to compute unit costs. During March, equivalent units were computed as follows: Conversion Cost 50,000 Materials (9,000 x 100%) Conversion (9,000 x 80%) Equivalent units of output Cost was added as follows: Units completed Units in EWIP x Fraction complete: Materials Conversion cost Total cost Determine the cost of the goods transferred out. Materials 50,000 Materials Conversion cost Total cost Determine the cost of ending work in process. 9,000 59,000 $ 73,750 57,200 $130,950 7. Mermain Inc., manufactures products that pass through two processes. The company uses the weighted average method to compute unit costs. During March, equivalent units were computed as follows: Conversion Cost 50,000 Materials Units completed Units in EWIP x Fraction complete: Materials (9,000 x 100%) Conversion (9,000 80%) Equivalent units of output Cost was added as follows: 50,000 9,000 59,000 7,200 57,200 $73,750 57.200 $130,950 7.200 57,200