QUESTION $4$

$4\mathrm{.}1$ A toothpaste manufacturer uses process costing technique for the packaging department. The following information is known for October $2023$:

a$.1$st October, there are $100000$ units of work in process which consists of R$50000$ in direct material and R$80000$ in conversion costs.

b$.$ During the month, $40000$ units are transferred to the department. R$40000$ is direct material cost and R$30000$ is conversion cost.

c$.$ In the same month, $30000$ units are completed and transferred out from the packaging department to the next department complete for direct material and conversion cost$).$

d$.$ At the end of the period, $10000$ units are still in process, of which $100\%$ are complete in regard to direct material and $50\%$ are complete in regard to conversion cost.

$9$

INC$2601/103/0/2024$

$4\mathrm{.}1\mathrm{.}1$ Use the weighted average method to assign costs to $(1)$ completed units transferred out and $(2)$ units in ending WIP inventory. Show full calculations.

$(10)$