Question: K Corporation uses the weighted average method in its process costing system. Data concerning the first processing department for the most recent month are ved
K Corporation uses the weighted average method in its process costing system. Data concerning the first processing department for the most recent month are ved below 558 Beginning work in process inventory: Units in beginning work in process inventory 1,100 Materials costs $ 7,500 Conversion costs $ 2,800 Percent complete with respect to materials Percent complete with respect to conversion 25 Units started into production during the month 7.000 Units completed and transferred to the next department during the 6,200 month Materials costs added during the month $110.600 Conversion costs added during the month $ 83,700 Ending work in process Inventory Units in ending work in process inventory 1,900 Percent complete with respect to materials Percent complete with respect to conversion 55% 7ex The total cost of units completed and transferred from the first processing department to the next processing department during the month is closest ta (Round your intermediate calcul decimal places)
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