QUESTION 1 For conversion cost, calculate the equivalent units of ending WIP inventory = 1 points Company X uses a weighted-average process-costing system. Materials are applied at the beginning of the process. Beginning WIP: conversion costs 40% completed Ending WIP: conversion costs 60% completed Physical units Beginning WIP Started Ending WIP 120 800 80 Costs Material Conversion Total Prior period $2,400 $860 $3,260 Current period $15,080 $12,016 $27,096 Total $17,480 $12,876 $30,356 Save Answer