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16. Kuzuck Corporation uses the welghted-average method In its process costing system. Data concerning the first processing department for the most recent month are listed
16. Kuzuck Corporation uses the welghted-average method In its process costing system. Data concerning the first processing department for the most recent month are listed below Beginning work In process Inventory Units In beginning work In process Inventory Materlals costs Conversion costs Percent complete with respect to materials Percent complete with respect to conversion Units started Into production during the month Units transferred to the next department during the month Materials costs added during the month Converslon costs added during the month Ending work In process Inventory Units In ending work In process Inventory Percent complete with respect to materials Percent complete with respect to conversion 1,000 $7100 65% 30% 13,600 12,300 $137,224 2,300 60% 25% Note: Your answers may differ from those offered below due to rounding error. In all cases, select the answer that is the closest to the answer you computed. To reduce rounding error, carry out all computations to at least three declmal places. The total cost transferred from the first processing department to the next processing department during the month is closest to: (Round your cost per equivalent unit answers to 2 decimal places.) $3413295 $356,256 O $349,856 $380,435
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