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Saada Corporation uses the weighted-average method in its process costing system. The Fitting Department is the second department in its production process. The data below
Saada Corporation uses the weighted-average method in its process costing system. The Fitting Department is the second department in its production process. The data below summarize the departments operations in March.
Units | Percent Complete with Respect to Conversion | |
---|---|---|
Beginning work in process inventory | 7,500 | 20% |
Transferred in from the prior department during March | 62,800 | |
Ending work in process inventory | 11,000 | 60% |
The Fitting Departments cost per equivalent unit for conversion cost for March was $6.18. How much conversion cost was assigned to the units transferred out of the Fitting Department during March?
Multiple Choice
$366,474
$434,454
$328,028
$388,104
Please let me know the correct option, I do not need any explanation.
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