6-39 Weighted-Average Method Arsenio Company manufactures a single product that goes through two processes, mixing and cooking. The following data pertain to the mixing department for August: Work-in-process inventory, August 1 Conversion: 80% complete 34,000 units Work-in-process inventory, August 31 Conversion: 50% complete 30,000 units Units started into production 66,000 Units completed and transferred out Costs ? Work-in-process inventory, August 1 Material X Material Y Conversion Costs added during August Material X Material Y Conversion $ 64,800 88,100 119,880 152,700 135,900 305,120 Material X is added at the beginning of work in the mixing department. MaterialY is also added in the mixing department, but not until product units are 60% complete with regard to conversion. Conversion costs are incurred uniformly during the process. The company uses the weighted-average cost method. Required 1. Calculate equivalent units of material X, material Y, and conversion for the mixing department. 2. Calculate costs per equivalent unit for material X, material Y, and conversion. 3. Calculate the cost of units transferred out. 4. Calculate the cost of ending work-in-process inventory.