Font - Aa Aa-ay A 2 E.Et E = Text Direction Paragraph Align Text- Convert to SmartArt That you want to do O 41144 Shape Fill- Find Shape Outline- ab Arrange Quick Styles ac Replace Shape Effects - Select Drawing FIFO versus Weighted Average Method - with nonuniform inputs Editing Weighted Average Total equivalent units of direct material Total equivalent units of conversion 60,000 52,000 Units completed & transferred out during June 50,000 The cost data for June were as follows: Work in process 1 June: Conversion $188,000 $88,800 FIFO 40,000 44,000 50,000 Direct Material Costs incurred during June: Direct Material Conversion $328,000 $545,600 There were 20,000 units in process in the cutting department on 1 June (100% complete as to direct materials and 40% complete as to conversion). 1. Using the Weighted Average method, calculate the: a. Cost of goods completed and transferred out of the cutting department during June. b. Cost of the 30 June work in process inventory. 2. Using the FIFO method, calculate the: a. Cost of goods completed and transferred out of the cutting department during June. b. Cost of the 30 June work in process inventory. e 30 Notes Comments D 88 mon 12:50 F A ENG 15/06/2