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Annenbaum Corporation uses the weighted average method in its process costing system. This month, the beginning inventory in the first processing department consisted or 1300

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Annenbaum Corporation uses the weighted average method in its process costing system. This month, the beginning inventory in the first processing department consisted or 1300 The costs and percentage completion of these units in beginning inventory were Percent Complete 65% Cost $6,600 $7,700 Materials costs Conversion costs A total of 8.300 units were started and 6.800 units were transferred to the second processing department during the month The following costs were incurred in the department during the month proceng Materials costs Conversion costs Cost $126,400 $207,900 The ending inventory was 50% complete with respect to materials and complete with respect to conversion costs The cost per equivalent unit for materials for the month in the first processing department is closest to Moe Choice 0 0

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