process costing system. This month, the beginning inventory in the first processing department consisted e 400 units. The costs and percentage method in i completion of these units in beainning inventory were Percent Comp ete Materials costs $5.700 $6,800 Conversion costs 45t were transferred to the second processing department during the month, The following costs were incurred in the first processing department during the month: total of 6,500 units were started and 5.900 Cost Materials costs $125,500 $207,000 Conversion costs The ending inventory was 50 % complete with respect to materials and 35% complete with respect to conversion costs. The total cost transferred from the first processing department to the next processing department during the month is closest to: (Round "Cost per equivalent unit" to 3 decimal places.) Multiple Choice $332.500 $345,000 $322,777 $377485 25