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K Corporation uses the weighted average method in its process costing system. Data concerning the first processing department for the most recent month are listed
K Corporation uses the weighted average method in its process costing system. Data concerning the first processing department for the most recent month are listed below. $ $ 2,500 8,900 4,200 558 258 8,400 Beginning work in process inventory: Units in beginning work in process inventory Materials costs Conversion costs Percent complete with respect to materials Percent complete with respect to conversion Units started into production during the month Units completed and transferred to the next department during the month Materials costs added during the month Conversion 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 7,600 $112,000 $ 85,100 3,300 700 558 The total cost of units completed and transferred from the first processing department to the next processing department during the month is closest to: (Round your Intermediate calculations to 3 decimal places.) 10 The total cost of units completed and transferred from the first processing department to the next processing department during the month is closest to: (Round your intermediate calculations to 3 decimal places.) Multiple Choice $201,209
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