Fizz Ltd who manufacture sweats uses a process costing system. All direct materials are added at the beginning of the process and conversion costs are incurred evenly throughout production. The information for June's activities is given below:

Work in process 1 June - 20,000 units

Direct material (100% complete)

$44,000

Conversion cost (20% complete)

$9,000

Balance of work in process, 1 June

$53,000

Units started during June

200,000 units

Units completed during June and

transferred out to finished goods inventory

160,000 units

Work in process , 30 June:

Direct materials (100% complete)

Conversion (33 % complete)

Costs incurred during June:

Direct material

$396,000

Conversion costs:

$316,800

Direct labour$105,600

Manufacturing overhead$211,200

Total production costs incurred during June

$712,800

Required:(where necessary round off all figures to two decimal places)

Answer the following question using the weighted average method (WACM)