A company uses a process costing system to record inventory costs. Data at the end of the month are as follows: The company uses the weighted-average method to compute the costs. Its total costs (including beginning WIP) for the month are $29,700 for direct materials and $19,600 for conversion costs. What is the total material cost per equivalent unit? A. $19.60 B. $20.00 C. $24.50 D. $30.00 Question 5: What is the next period's beginning Work-in-process inventory balance? A. $19,600 B. $4,300 C. $3,200 D. $6,780