Question: K Corporation uses the weightedeaverage method in its process costing system. Data concerning the rst processing department for the most recent month are listed below:

K Corporation uses the weightedeaverage method in its process costing system. Data concerning the rst processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory 2,568 Materials costs $ 8,989 Conversion costs $ 4,268 Percent complete with respect to materials 55% Percent complete with respect to conversion 25% Units started into production during the month 8,468 Units completed and transferred to the next department during the 7 BBQ month ' Materials costs added during the month $112,389 Conversion costs added during the month $ 851168 Ending work in process inventory: Units in ending work in process inventory 3,389 Percent complete with respect to materials 78% Percent complete with respect to conversion 55% The total cost of units completed and transferred from the rst processing departmentto the next processing department during the month is closest to: (Round your intermediate calculations to 3 decimal places.)
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