A company has 2,000 units in ending work in process that are 40% complete after transferring out 12,000 units. All materials are added at the beginning of the process. If the cost per unit is $4 for...

Extracted text: A company has 2,000 units in ending work in process that are 40% complete after transferring out 12,000 units. All materials are added at the beginning of the process. If the cost per unit is $4 for materials and $8 for conversion, what is the cost of units transferred out and in ending work in process inventory using the weighted-average method? Cost of units transferred out Ending work in process inventory $