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: |
600 |
|
Units in beginning work in process inventory |
$7,000 |
|
Materials costs . |
$2,300 |
|
Conversion costs |
55% |
|
Percentage complete with respect to materials |
25% |
|
Percentage complete with respect to conversion |
6,500 |
|
Units started into production during the month |
5,700 |
|
Units transferred to the next department during the month |
$110,100 |
|
Materials costs added during the month . |
$83,200 |
|
Ending work in process inventory: |
|
|
Units in ending work in process inventory |
1,400 |
|
Percentage complete with respect to materials |
70% |
|
Percentage 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:
A) $202,600
B) $193,300
C) $175,247
D) $218,290