Savannah Textiles Company manufactures a variety of natural fabrics for the clothing industry. The following data pertain to the Weaving Department for the month of September.

Equivalent units of direct material (weighted-average method)		65,000
Equivalent units of conversion (weighted-average method)		55,000
Units completed and transferred out during September		52,000

The cost data for September are as follows:

Work in process, September 1
Direct material	$	120,640
Conversion		53,888
Costs incurred during September
Direct material	$	217,360
Conversion		320,112

There were 25,000 units in process in the Weaving Department on September 1 (100% complete as to direct material and 40% complete as to conversion). Required: Compute each of the following amounts using weighted-average process costing. 1. Cost of goods completed and transferred out of the Weaving Department. 2. Cost of the September 30 work-in-process inventory in the Weaving Department.

Complete this question by entering your answers in the tabs below.

3. Compute the cost of goods completed and transferred out of the Weaving Department. (Round "Costs per equivalent unit" to 2 decimal places.)

Cost of goods completed and transferred out

$55,000

Required 2

Compute the cost of the September 30 work-in-process inventory in the Weaving Department. (Round "Costs per equivalent unit" to 2 decimal places.)

Direct material
Conversion
Total	$0