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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 Materials costs Conversion costs Percent complete with respect to materials Percent complete with respect to conversion 800 S 7,200 $ 2,500 55% 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: 25t 6, 700 5, 900 $110, 300 s 83,400 1, 600 Units in ending work in process inventory Percent complete with respect to materials Percent complete with respect to conversion 70% 55 epartment according to the compaly's cost system is The cost of ending work in process inventory in the first processing d losest to: (Round "Cost per equivalent unit" to 3 decimal places. Round "Cost of ending work in process inventory" to the nearest whole dollar amount.)
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