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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

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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 below: Beginning work in process inventory: Units in beginning work in process inventory 2,000 Materials costs $ 8,400 Conversion costs $ 3,700 Percent complete with respect to materials 55% Percent complete with respect to conversion 25% Units started into production during the month 7,900 Units completed and transferred to the next department during the month 7,100 Materials costs added during the month $111,500 Conversion costs added during the month $ 84,600 Ending work in process inventory: Units in ending work in process inventory 2,800 Percent complete with respect to materials 70% Percent complete with respect to conversion 55% 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 O $180,714 O $190.014 O $205,704 O $166,523

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