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

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Accounting

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
Materials costs
Conversion costs
Percent complete with respect to materials
Units started into production during the month
Units transferred to the next department during the month
Materials costs added during the month
Conversion costs added during the month
Ending work in process inventory:
Units in ending work in process inventory
Percent complete with respect to materials
Percent complete with respect to conversion
1,500
70%
55%
The cost of ending work in process inventory in the first processing department according to the company's cost system is closest to: (Round "Cost per
equivalent unit" to 3 decimal places. Round "Cost of ending work in process inventory" to the nearest whole dollar amount.)
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