QUESTION 19 Trendy Clothing Inc. is a manufacturer of winter clothes. It has a knitting department and a finishing department. This exercise focuses on the finishing department. Direct materials are added at the end of this process and conversion costs are spread out evenly during the process. Trendy uses the weighted average method of process costing. The following information is available for June 2019: Physical Units Transfer-in costs Direct material Conversion costs WIP, beginning units 60 Transferred in in June 100 To Account for 160 Completed units 120 120 120 120 WIP, ending units 40 40 24 Total equivalent units 160 120 144 0 WIP beginning costs Costs added in June Total Costs $ 60,000 $117.000 $167,000 $ 0 $27.000 $27,000 $24,000 $62.400 $86,400 The costs of ending WIP Inventory in June of 2019. CC $86,400 Total costs Equivalent units Cost/equiv unit WIP end Trans-in $167.000 160 1,043.75 (1043.7540) DM $27.000 120 $225 + (2250) $600 (600'24) 256,150