Hi-T Company uses the weighted average method of process costing. Information for the company's first production process follows. All direct materials are added at the beginning of this process, and conversion costs are added uniformly throughout the process. Beginning work in process inventory Completed and transferred out Ending work in process inventory Direct Materials Conversion Units 3,000 29,000 8,000 Percent Complete 100% Percent Complete 80% 100% 40% D Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for $ 83,000 92,680 435,000 371,000 $ 175,680 806,000 $ 981,680