Question 2: Calculate Costs of Ending WIP Inventory-Shaping, Ending WIP Inventory-Insertion and Finished Goods Inventory (45 pts) Data for December Shaping Department Insertion Department Units: Beginning Work in Process 8.000 units Inventory Production started 30.000 units Transferred in From Previous Department Completed Units 25.000 units 30.000 units Ending WIP Inv. 5.000 units 3.000 units Completed as to Direct % 60 % 50 Material Completed as to Conversion % 80 % 60 Work Costs: Beginning Work in Process $39.500 Inventory Transferred in from Previous Department Direct Materials Added $112.000 $ 94.500 Conversion Costs Added $87.000 $ 79.500