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Mullins Corporation uses the first in, first-out method in its process costing system. Data concerning the first processing department for the most recent month are

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Mullins Corporation uses the first in, first-out 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 950 $ 12,eee $ 22,450 75% 65% 9,100 8,300 $164,300 $ 353, see 1,750 65% 50% The cost of a completed unit transferred out of the department is closest to (Round equivalent units to the nearest whole Intermediate calculations to 2 decimal places.) ber and round all other Multiple Choice $6013 $7392 o 9035

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