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Annenbaum Corporation uses the weighted-average method in its process costing systom. This month, the beginning inventory in the first processing department consisted of 400 units.

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Annenbaum Corporation uses the weighted-average method in its process costing systom. This month, the beginning inventory in the first processing department consisted of 400 units. The costs and parcentage complotion of these units in beginning inventory were: Percent Materials costs Conversion costs Cost Conplete $5,700 6,000 65 450 A total of 6,500 units were started and 5,000 units wore tronslerred to the second processing departmont during the month The folowing costs wore incrred in the first processing dopertment during the month Materials costs $125, 500 Conversion costs $207,000 Tho erding inventory was 50% comploto with rospod to materials and 35% onglete with respect toconversan costs. The total cost transfened from the first processing department to the next processing department during the month is closest to (Round "Cost per equivalent unit" to 3 decimal places.)

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