Use weighted average method

ZMT Books is a publishing company with 2 processes, the printing and binding departments. After pages are printed in the printing department, the printed pages are transferred to the binding department where the pages are bound into finished books. In the binding process, direct materials are added when the book is 80% complete and conversion costs are added uniformly throughout the process. The following information is for the binding department for the past month. Beginning works in process in the binding department consists of 900 books that are 40% complete with transferred in costs of $32,775 and conversion costs of $15,000. During the previous month the company transferred in 2,700 books into the binding process from the printing process with a cost of $144,000. At the end of the month there were 600 books that were 60% complete in the ending works in process for the binding department. During the month, the binding department incurred direct material costs of $26.700 and conversion costs of $69,000. How much cost is transferred out of the binding process? How much cost is left in ending works in process of the binding department?

Use weighted average method