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Transferred-in costs, weighted average method. Trendy Clothing, Inc. is * manufacturer of winter clothes. It has knitting department and a finishing department. This exercise focuses

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Transferred-in costs, weighted average method. Trendy Clothing, Inc. is * manufacturer of winter clothes. It has knitting department and a finishing department. This exercise focuses on the finishing department Direct materials are added at the end of the process. Conversion costs we added evenly during the process Physical Unit Transferred to (tos) Costs 30 560.000 100% 100 120 Direct Materials 5 0 ON Conversion Costs $24,000 50% 1 2 Work in process, begreng inventory (1) 3 Degree of completion beginning work in process 4 Transferred during June 5 Completed in transferred out during Jone 6 Work in process, ending inventory June 30 71 Degree of completion ending work in process Total costs added during June 100% $117.000 0% $27.000 75% $82.400 REQUIRED Do the 5 steps process costing for Trendy Clothing using FIFO Method

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