P4.40A (LO 2, 3, 4) The following is partial information for the month of March for department B in Macmillan International Inc., a two-department manufacturer that uses process costing: Beginning work in process inventory, (67% converted) Other information: Costs of beginning work in process inventory: Transferred in from department A Direct materials Conversion costs Units completed and transferred out during March Units transferred in during March from department A Ending work in process inventory, (37.5% converted) Direct materials costs added during March Conversion costs added during March 1. Material is introduced at the beginning in department A and more material is added at the very end in department B. 2. Conversion costs are incurred uniformly throughout both processes. 15,000 units $ 9,500 -0- 11,200 45.000 units ? units 16,000 units $13,000 $63,000 3. As the process in department A is completed, goods are immediately transferred to department B; as goods are completed in department B, they are transferred to finished goods. 4. Unit production costs in department A in March were as follows: 7.3K 28.3K Direct materials Conversion Total 5. The company uses the weighted-average method. Instructions a. Calculate the cost of goods transferred out of department B in March. a. $117,720 b. Calculate the cost of the March ending work in process inventory in department B. b. $22,682 $0.55 0.40 $0.95