QUESTION 9 Flow of Production Equivalent Units Physical Unit Direct Materials Conversion Cost WIP: Beginning 2000 Started during current period 7000 To account for 9000 Completed & transferred out during current period 6000 6000 6000 WIP: Ending (100% DM, 30% CC) 3000 3000 900 Units accounted for 9000 Equivalent units of work done to date 9000 6900 Direct Materials Conversion Costs WIP: Beginning 11.000 15,000 Costs added in current period 88,000 86,000 Using the above information and the weighted average method, calculate the amount of inventory (in dollars) that was transferred to finished goods inventory during the period. (Round to nearest dollar after calculations are complete. Do not round early.)