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A company uses weighted average process costing. The data for the end of the period Equivalent units in BI 2,400 Costs in Beginning WIP Equivalent

A company uses weighted average process costing. The data for the end of the period

Equivalent units in BI 2,400 Costs in Beginning WIP
Equivalent units to FG 1000 DM 4000
Equivalent units in EI Conversion 8,000
DM: 1600 Current costs
CC 1600 DM 2000
Conversion 3000

1- find the cost allocated to goods completed and transferred out.

2- find the cost allocated to Ending Inventory.

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