Question: Weighted-Average Process Costing with Transferred-in-Costs Given the second process in a two-process manufacturer for January, 20X1:
![1326_IP.png](https://secure.tutorsglobe.com/CMSImages/1326_IP.png)
Conversion costs are incurred uniformly during the process, while direct material is added when units are 40% complete.
1. Assuming Weighted average, what is the dollar valuation of the units transferred out for the month?