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The following is a summary of October 2020 testing department operations of Ommer company. Direct materials are added at 80% degree of completion. Conversion costs

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The following is a summary of October 2020 testing department operations of Ommer company. Direct materials are added at 80% degree of completion. Conversion costs are added evenly during the process. Ommer company uses the weighted average method of process costing Transferred-in costs Direct materials Conversion cost $ costs$ 1,000 Zero $250 Work-in-process, beginning inventory(October) 50 units 5,000 Total costs added during October 3,120 2,510 Completed and transferred out during October 240 units Ending (October 31) 60 units, degree of completion 60% Calculate the cost of Ending balance and Finished Goods (transferred out units) Select one: a. $1,560 ending balance and $10,320 finished goods b. $2,448 ending balance and $18 240 finished goods C. $5,520 ending balance and $36,480 finished goods d. $2.760 ending balance and $18,240 finished goods e. $4,248 ending balance and $25,440 finished goods

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