Hallmark Inc. Hallmark Inc. produces calendars in a two-process, two-department operation. In the Printing Department, the calendars are printed and cut. In the Assembly Department, the materials received from Printing is assemble in to individual calendars and bound. Each department maintains its own Work in Process Inventory, and costs are assigned using weighted average process costing. In Assembly, conversion costs are incurred evenly throughout the process, direct material is added at the end of the process. For January 2020, the following productions and cost information is available for the Assembly Department: Beginning WIP inventory (30% complete as to conversion), 5,000 units Transferred in during January, 80,000 units Ending WIP Inventory: (80% completed as to conversion) 6,000 units The costs per EUP are as follows: Transferred in P1.03 Direct material P0.13 Conversion P0.18 Refer to Hallmark Inc. Compute the cost transferred to Finished Goods Inventory Your answer Refer to Hallmark Inc. compute the cost of Ending Work in Process Inventory