Sarver 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 department's operations in March. (Do not round Cost per equivalent unit.)

	Units	Percent Complete with Respect to Conversion
Beginning work in process inventory	7,800	75%
Transferred in from the prior department during March	53,500
Ending work in process inventory	4,700	85%

The Fitting Department's cost per equivalent unit for conversion cost for March was $8.96. How much conversion cost was assigned to the units transferred out of the Fitting Department during March?

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