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Required: Determine the cost of ending work in process inventory and the cost of units transferred out of the department during June using the weighted-average

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Required:

Determine the cost of ending work in process inventory and the cost of units transferred out of the department during June using the weighted-average method. (Round your answers to 2 decimal places.)

3/B Hutchcroft Corporation uses the weighted average method in its process costing. The following data concern the company's Assembly Department for the month of June. Materials Conversion Cost per equivalent unit $32.30 $35.10 Equivalent units in ending work in process 1,430 625 During the month, 7,800 units were completed and transferred from the Assembly Department to the next department Required: Determine the cost of ending work in process inventory and the cost of units transferred out of the department during June using the weighted average method. (Round your answers to 2 decimal places.)

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