Coral Industries operates several laminate flooring plants. Given the competitive pricing for flooring, Coral's managers pay close attention to costs. (Click the icon to view additional information.) percentage of completion in an attempt to obtain the bonus. The plant in question provided the following data: (Click the icon to view the data.) Read the requirements. completion amounts, recalculate cost of goods completed and transferred out and the cost of ending work in process inventory. Start by recalculating the physical flow of units and output equivalents. Summary of the Flow of Physical Units and Output in Equivalent Units; Weighted-Average Method of Process Costing, Plant C of Coral Industries for Quarter 4, 2020 a Degree of completion reported in this plant: direct materials, 80%; conversion costs, 50%. More info Each plant uses a process-costing system, and at the end of every quarter, each plant manager submits a production report and a production-cost report. The production report includes the plant manager's estimate of the percentage of completion of the ending work in process as to direct materials and conversion costs, as well as the quantity (sheets) of laminate flooring completed. The corporate controller uses these estimates to compute the cost per equivalent unit of work done for each input for the quarter. Plants are ranked, and the two plants with the lowest cost per equivalent unit for direct materials and conversion costs are each given a bonus and recognized in the company newsletter. Data table