Problem 2: Buffalo Artic Company makes snow blowers. Materials are added at the beginning of the process and conversion costs are uniformly incurred. At the beginning of September, the work-in-process is 100 percent complete for direct materials and 60 percent for conversion costs. The end of the month work in process is 100 percent complete for direct materials and 50 percent for conversion costs. Other data for the month include: Beginning work-in-process inventory 1,250 units Units started 2,750 units Units completed and placed in finished goods 3,000 units Ending work-in-process inventory 1,000 units Cost added during the period Cost of direct materials $145,000 Conversion costs $36,750 Beginning work-in-process costs: Cost of direct materials $55,000 Conversion costs $10,500 Required: A) Using the Weighted Average method of process costing, for direct materials and conversion costs determine equivalent units, cost to account for cost per equivalent unit, and the amount remaining in ending WIP and amount transferred out of work-in-process (WIP)