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Aaron Company applies the weighted average method. The Molding Department reported the following information for March. Units Percent complete with Percent complete with respect to

Aaron Company applies the weighted average method. The Molding Department reported the following information for March.

Units Percent complete with Percent complete with

respect to materials respect to conversion

Work in process, March 1 12,000 100% 70%

Units started 20,000

Units completed and transferred out 30,000

Work in process, March 31 2,000 80% 75%

Costs for March Materials Conversion

Work in process, March 1 $53,000 $170,000

Added during the month $105,000 $208,000

Compute the total cost assigned to units transferred out by the Molding Department during March.

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