Question

In: Accounting

Kurtulus Corporation uses the weighted-average method in its process costing system. Data concerning the first processing...

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 1,400
Materials costs $ 7,800
Conversion costs $ 3,100
Percent complete with respect to materials 55 %
Percent complete with respect to conversion 25 %
Units started into production during the month 7,300
Units transferred to the next department during the month 6,500
Materials costs added during the month $ 110,900
Conversion costs added during the month $ 84,000
Ending work in process inventory:
Units in ending work in process inventory 2,200
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:

Multiple Choice

$195,408

$186,108

$169,397

$211,098

Solutions

Expert Solution


Related Solutions

Kurtulus Corporation uses the weighted-average method in its process costing system. Data concerning the first processing...
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 600 Materials costs $ 7,000 Conversion costs $ 2,300 Percent complete with respect to materials 55 % Percent complete with respect to conversion 25 % Units started into production during the month 6,500 Units transferred to the next department during the month 5,700...
Kurtulus Corporation uses the weighted-average method in its process costing system. Data concerning the first processing...
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 2,200 Materials costs $ 8,600 Conversion costs $ 3,900 Percent complete with respect to materials 55 % Percent complete with respect to conversion 25 % Units started into production during the month 8,100 Units transferred to the next department during the month 7,300...
Kurtulus Corporation uses the weighted-average method in its process costing system. Data concerning the first processing...
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 2,000 Materials costs $ 8,400 Conversion costs $ 3,700 Percent complete with respect to materials 55 % Percent complete with respect to conversion 25 % Units started into production during the month 7,900 Units transferred to the next department during the month 7,100...
Kurtulus Corporation uses the weighted-average method in its process costing system. Data concerning the first processing...
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 2,000 Materials costs $ 8,400 Conversion costs $ 3,700 Percent complete with respect to materials 55 % Percent complete with respect to conversion 25 % Units started into production during the month 7,900 Units transferred to the next department during the month 7,100...
Kurtulus Corporation uses the weighted-average method in its process costing system. Data concerning the first processing...
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 2,400 Materials costs $ 8,800 Conversion costs $ 4,100 Percent complete with respect to materials 55 % Percent complete with respect to conversion 25 % Units started into production during the month 8,300 Units transferred to the next department during the month 7,500...
Haffner Corporation uses the weighted-average method in its process costing system. Data concerning the first processing...
Haffner 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 2,000 Materials costs $ 9,300 Conversion costs $ 10,600 Percent complete with respect to materials 85 % Percent complete with respect to conversion 55 % Units started into production during the month 8,500 Units transferred to the next department during the month 7,600...
K Corporation uses the weighted-average method in its process costing system. Data concerning the first processing...
K 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 1,700 Materials costs $ 8,100 Conversion costs $ 3,400 Percent complete with respect to materials 55 % Percent complete with respect to conversion 25 % Units started into production during the month 7,600 Units completed and transferred to the next department during the...
Inacio Corporation uses the weighted-average method in its process costing system. Data concerning the first processing...
Inacio 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 1,400 Materials costs $ 13,500 Conversion costs $ 5,600 Percent complete with respect to materials 75 % Percent complete with respect to conversion 20 % Units started into production during the month 10,100 Units transferred to the next department during the month 9,000...
Inacio Corporation uses the weighted-average method in its process costing system. Data concerning the first processing...
Inacio 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 2,000 Materials costs $ 14,100 Conversion costs $ 6,200 Percent complete with respect to materials 75 % Percent complete with respect to conversion 20 % Units started into production during the month 10,700 Units transferred to the next department during the month 9,600...
Kuzuck Corporation uses the weighted-average method in its process costing system. Data concerning the first processing...
Kuzuck 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 1,200   Materials costs $12,600   Conversion costs $9,800   Percent complete with respect to materials 65%   Percent complete with respect to conversion 30%   Units started into production during the month 16,900   Units transferred to the next department during the month 16,100   Materials costs added during...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT