weighted average method must be used

T2.9 (LO 3. 4) Eicel Process costing and equivalent units (CMtA adapted) Gray Manufacturing Company makes pentants for college asd university athletic feams. The compagy uies a process costing system to accumulate product costs as the pennants move throogh the two stages of prodaction: cutting and silk-scroeniag All materials are added at the beginning of both cutting and sitk-streening processes, while conversion costs are applied evenly throughout the process At the beginning of September, the Cutting Department had 2,000 pennants in process that were go\$ complete. The compasy had incurred 51300 in direct materials osit and \$1,250 in converion cost to make them. During the moeth the departioent added $13.70 more of firect materials and 533.418 is conversion costs. A total of 9.150 pennants were finished during September and transferred to the Salk-screening Department. At the end of the month, 1,200 pennunts that were 40% complete as to conversion costs remained in the Cutting Department. Coaversion costs are applied evealy throughout the process. Required a. Calculate the number of pennants started in the Cutting Department daring September. b. Calculate the equivalent units of production for the Cutting Departmeat for September. (Hint: Materials equivalent units and convension equakalent unita will not be the same) c. What was the ending balance in the Catting Departeneat's Woek in Process Imventory account in dollars? d. How much cost was transferred from the Cutting Department to the Silkesceeening Department during September? e. Feconcile both the physical units and the prodaut costs for the Cutting Department in September