osung Under the weighted average method, the cost of units transferred out of a department is computed as follows for a cost category Multiple Choice O Costs added during the period - Cost of beginning work in process inventory O Units transferred to the next department Cost per equivalent unit O Units in ending work in process inventory Cost per equivalent unit e cost of ending work in process inventory cost of beginning work in process inventory Costing 0 Help Sewe Paceheco Corporation uses the weighted average method in its process costing system. The Molding Department is the second department in its production process. The data below summarize the department's operations in January Percent Complete with Respect to Conversion 78% Beginning work in process inventory Transferred in from the prior department during January Completed and transferred to the next department during January Ending work in process inventory Units 5,109 59,080 56,300 7,380 4eck The accounting records indicate that the conversion cost that had been assigned to beginning work in process inventory was $34,558 and a total of $559.254 in conversion costs were incurred in the department during January. The cost per equivalent unit for conversion costs for January in the Molding Department is closest to Multiple Choice