The Unity Company is a manufacturer of specialized pens. There are two departments: assembly and finishing. This problem focuses on the finishing department. Pens that have undergone the assembly process are then transferred to the finishing department. 5 6 Direct materials are added when the assembly department is 70% complete. Conversion costs are added evenly during the finishing process. When 7 the finishing process is done, the pens are transferred to finished goods. 8 9 Consider the following data to respond to the requirements: 10 Physical Units Transferred-In Direct Converrsion 11 (pens) Costs Materials Costs 12 Beginning WIP 3,500 $ 9,072 S $ 17,660 13 Transferred-in during the period 11,200 14 Completed and transferred out during the period 10,400 15 Ending WIP** 4,300 16 Total costs added during the period $ 30,912 $ 5,616 S 17,862 17 18 Required: 19 Using the weighted average method of processing costing, summarize the total finishing department costs for the period, assign these costs to units 20 completed (transferred out), and to units in ending WIP. 21 22 23 24