Identify the incorrect statement.

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Chapter 14, Problem 4CPA

To determine

Identify the incorrect statement.

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Heller 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 500 Materials costs $3,600 Conversion costs Percent complete with respect to materials Percent complete with respect to conversion $2,800 65% 30% Units started into production during the month Units transferred to the next department during the Materials costs added during the month Conversion costs added during the month Ending work in process inventory: Units in ending work in process inventory $ 92,500 $ 1,47,900 9,200 8,300 Percent complete with respect to materials Percent complete with respect to conversion 1,400 60% 25% What are the equivalent units for materials for the month in the first processing department? A. 840 B. 9,140 C. 9,700 D. 8,300

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