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47. (Appendix 4A) Tarten Company uses the FIFO method in its process costing system. Operating data for the Curing Department for the month of March
47. (Appendix 4A) Tarten Company uses the FIFO method in its process costing system. Operating data for the Curing Department for the month of March appear below: Percentage M complete Beginning work in process inventory 9,000 10% Transferred in from the prior department during March 57,000 Completed and transferred to the next department during March 65,000 Ending work in process inventory 1,000 70% According to the company's records, the conversion cost in beginning work-inprocess inventory was $7,470 at the beginning of March. The cost per equivalent unit for conversion costs for March was $8 .20. How much conversion cost would be as signed to the units completed and transferred out of the department during March? A. $525,530. B. $592,040. C. $533,090. D. $533,000
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