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 below:

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:

Beginning work in process inventory:
Units in beginning work in process inventory 900
Materials costs $ 7,300
Conversion costs $ 2,600
Percent complete with respect to materials 55 %
Percent complete with respect to conversion 25 %
Units started into production during the month 6,800
Units transferred to the next department during the month 6,000
Materials costs added during the month $ 110,400
Conversion costs added during the month $ 83,500
Ending work in process inventory:
Units in ending work in process inventory 1,700
Percent complete with respect to materials 70 %
Percent complete with respect to conversion 55 %

The total cost transferred from the first processing department to the next processing department during the month is closest to: (Round your intermediate calculations to 3 decimal places.)

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