Complete the following T-accounts (or journal entries) by recording the beginning balances and each of the transactions listed above. Assume all transactions are conducted with cash 3) Sumter Corporation uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent month Work in process, beginning Units in process Percent complete with respect to materials Percent complete with respect to conversion Costs in the beginning inventory: Materials cost Conversion cost Units started during the month Units completed and transferred out during the month Costs added to production during the month Materials cost 5,000 70 % 20% S 78,200 3,600 70,000 $ 286,600 S 216,000 Conversion cost Work in process, ending: Units in process Percent complete with respect to materials Percent complete with respect 8,000 65% 25% to conversion Determine the equivalent units of production b. Determine the costs per equivalent unit. c. Determine the cost of ending work in process inventory d. Determine the cost of the units transferred to the next department a