(Solved): A company uses the weighted average method for inventory costing. At the end of the period, 24,000 ...

A company uses the weighted average method for inventory costing. At the end of the period, 24,000 units were in the ending Work in Process inventory and are $$100\%$$ complete for materials and $$77\%$$ complete for conversion. The equivalent costs per unit are materials, $$\$267$$, and conversion $$\$2.25$$. Compute the cost that would be assigned to the ending Work in Process inventory for the period. Multiple Choice $$\$105,660$$ $$\$97,280$$. $$\$102,014$$ $$\$105,660$$ $$\$197,280$$. $$\$102,014$$. $$\$166,644$$ $$\$151,906$$