Question: Kurtulus Corporation uses the weighted average method in its process costing system. Data concerning the first processing department for the most recent month are listed

 Kurtulus Corporation uses the weighted average method in its process costing

Kurtulus Corporation uses the weighted average method in its process costing system. Data concerning the first processing department for the most recent month are listed below. 2,000 Beginning work in process inventory: Units in beginning work in procesa inventory Materials coste 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! Unite in ending work in process inventory Percent complete with respect to materials Percent complete with respect to conversion $ 8.000 $ 3,700 55 252 7,900 7,100 $111,500 $ 84,600 2,800 708 554 The total cost transferred from the first processing department to the next processing department during the month is closest tor (Round your intermediate calculations to 3 decimal places.) Multiple Choice $190.014 $180,714 $156,523 $205,704

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