Mullins Corporation uses the first-in, first-out 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 1,550 Materials costs $ 13,200 Conversion costs $ 23,050 Percent complete with respect to materials 75% Percent complete with respect to conversion 65% Units started into production during the month 10,300 Units transferred to the next department during the month 9,500 Materials costs added during the month $ 176,300 Conversion costs added during the month $365,500 Ending work in process inventory: Units in ending work in process inventory 2,350 Percent complete with respect to materials Percent complete with respect to conversion 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 equivalent units to the nearest whole number and round all other intermediate calculations to 3 decimal places.) 65% Multiple Choice $71,725 $67782 $114,552 $81,813 ::: Next