Maple, Inc. manufactures syrup that goes through three processing stages prior to completion. Information on work in the first department, Blending, is given below for August:
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| Pounds in process, August 1; materials 100% complete; conversion 70% complete | 3,000 | |
| Pounds started into production during August | 85,000 | |
| Pounds completed and transferred out | ? | |
| Pounds in process, August 31; materials 80% complete; conversion 30% complete | 6,000 | |
| Cost data: | ||
| Work in process inventory, August 1: | $900 | |
| Conversion cost | $5,900 | |
| Cost added during May: | $151,000 | |
| Conversion cost | $161,700 | |
The company uses the weighted average method.
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