(a) cost of goods completed during February (b) cost of the 28 February work in process inventory. Repeat requirement 1 using the FIFO method. 2 Weighted average cost and FIFO: manufacturer Sherida n Textiles Ltd manufactures natural fabrics for the clothing industry. The following data e to the Weaving Department for the month of September: ES27 21 relate ILO3] FIFO 40 Weighted average 60000 52000 Total equivalent units of direct material Total equivalent units of conversion Units completed and transferred out during 50000 50000 September The cost data for September were as follows Work in process 1 September Direct material $94000 44400 during Direct material $164000 272 800 There were 20000 units in process in the Weaving Department on 1 September (100 per cent complete as to direct material and 40 per cent complete as to conversion). Required: Calculate each of the following amounts using weighted average process costing: a) Cost of goods completed and transferred out of the Weaving Department during September. b) Cost of the 30 September work in process inventory in the Weaving Department. Repeat requirement 1 using the FIFO method. 2