Question: Kurtulus Corporation uses the weighted-average method in ts 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 ts 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 Materials costs Conversion costs Percent complete with respect to materials 700 $ 7,100 $ 2,400 558 Percent complete with respect to conversiorn 258 units started into production during the month 6,600 Units transferred to the next department during the month 5,800 $110,200 s 83,300 Materials costs added during the month Conversion costs added during the month Ending work in process inventory: Units in ending work in process inventory Percent complete with respect to materialn Percent complete with respect to conversion 1,500 70% S58 The total cost transterred trom the frst processing decpertment to the next processing department during the month is closest to depertment to the next processing department during the month is closest to
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