Read, Inc. instituted a new process in October 2012. During October, 38,000 units were started...
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Read, Inc. instituted a new process in October 2012. During October, 38,000 units were started in Department A. Of the units started, 30,400 were transferred to Department B, and 7,600 remained in Work-in-Process at October 31, 2012. The Work-in-Process at October 31, 2012, was 100% complete as to material costs and 50% complete as to conversion costs. Material costs of $102,150 and conversion costs of $111,150 were charged to Department A in October. What were the total costs transferred to Department B assuming Department A uses weighted-average process costing?
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