Assume the company uses a weighted average process costing system.

During the current period 5,000 units were transferred in (cost $140,000) to Department B.

In Department B materials were added costing $25,000 and conversion costs of $60,000 were incurred.

A total of 4,800 good units were transferred to finished goods.

Direct materials are added at the beginning of the process.

Beginning WIP: 1,000 UNITS, 40% complete

Direct materials costs = 4,070

Conversion costs = 6,008

Transferred-in-cost = 10, 080

Ending WIP: 1,200 UNITS, 30% complete

What is the value of: a) ending WIP and. b) the goods transferred out?