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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 listed below:
Kurtulus 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 | 1,400 | ||
Materials costs | $ | 7,800 | |
Conversion costs | $ | 3,100 | |
Percent complete with respect to materials | 55 | % | |
Percent complete with respect to conversion | 25 | % | |
Units started into production during the month | 7,300 | ||
Units transferred to the next department during the month | 6,500 | ||
Materials costs added during the month | $ | 110,900 | |
Conversion costs added during the month | $ | 84,000 | |
Ending work in process inventory: | |||
Units in ending work in process inventory | 2,200 | ||
Percent complete with respect to materials | 70 | % | |
Percent complete with respect to conversion | 55 | % | |
The total cost transferred from the first processing department to the next processing department during the month is closest to:
Multiple Choice
$195,408
$186,108
$169,397
$211,098
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