Mullins Corporation uses the FIFO method in its process costing systemData 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 1,500 $ 13, 100

Mullins Corporation uses the FIFO method in its process costing system. Data concerning the first processing department for the most recent listed below: 14.04 rences Beginning work in process inventory: Units in beginning work in process inventory Materials costs 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: Units in ending work in process inventory Percent complete with respect to materials Percent complete with respect to conversion 1,500 $ 13,100 $ 23,000 75% 658 10,200 9,400 $175,300 $364,500 2,300 658 50% The cost of ending work in process inventory in the first processing department according to the company's cost system is closest to: (Round equ to the hearest whole number and round all other intermediate calcula Multiple Choice $70,602.99 $66.546.00 $113,316.00 $80,577.00