Rand Company uses a process costing system and the weighted average method. This month, the beginning inventory in the first processing department consisted of 700 units. The costs and percentage completion of these units in beginning inventory were: Cost Percent Complete Materials costs $16,400 8596 Conversion costs $9.200 60 A total of 7,900 units were started and 6,900 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: Materials costs SIT100 Conversion cost SIM100 The ending inventory was 70% complete with respect to materials and 33% complete with respect to conversion costs Note Your answers may differ from those offered below due to rounding error in all cases, select the answer that is the closest to the answer you computed To reduce rounding ator, carry out all computations to at least three decimal places: The total cost transferred from the first processing department to the next processing department during the month is closest to