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Kurtulus Corporation uses the weighted - average method in its process costing system. Data concerning the first processing department for the most recent month are
Kurtulus Corporation uses the weightedaverage 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
Materials 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
$
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
The total cost transferred from the first processing department to the next processing department during the month is closest to Round equivalent unit" to decimal places.
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