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TB Problem Qu. 4-132 Hutchcroft Corporation uses the weighted-average ... Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the

TB Problem Qu. 4-132 Hutchcroft Corporation uses the weighted-average ...

Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the companys Assembly Department for the month of June.

Materials Conversion
Cost per equivalent unit $ 28.30 $ 31.10
Equivalent units in ending work in process 1,030 425

During the month, 7,000 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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