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 | ||
Materials costs added during the month | $ | 110,100 | |
Conversion costs added during the month | $ | 83,200 | |
Ending work in process inventory: | |||
Units in ending work in process inventory | 1,400 | ||
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:
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more
Recent Comments