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| Costs of units transferred out | $ 90,000 | ||||
| Ending work - in - process Inventory | $ 6,380 | ||||
| Workings: | |||||
| Equivalent Units of production - weighted average method | Units | % Materials | EUP - Materials | % Conversion | EUP - Conversion |
| (i) | (ii) | (i) X (ii) | (iii) | (i) X (iii) | |
| Units completed and transferred out | 9,000 | 100% | 9,000 | 100% | 9,000 |
| Ending work - in - process inventory units | 1,100 | 100% | 1,100 | 30% | 330 |
| Total EUP | 10,100 | 10,100 | 9,330 | ||
| Costs of units transferred out | |||||
| Direct material (9000 units X $4) | $ 36,000 | ||||
| Conversion (9000 units X $6) | $ 54,000 | ||||
| Total Costs of units transferred out | $ 90,000 | ||||
| Costs of Ending work - in - process | |||||
| Direct material (1100 units X $4) | $ 4,400 | ||||
| Conversion (330 units X $6) | $ 1,980 | ||||
| Total Costs of Ending work - in - process | $ 6,380 |
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