Question: 16. Tarten Corporation uses the FIFO method in its process costing system. Operating data for the Curing Department for the month of March appear below:
16. Tarten Corporation uses the FIFO method in its process costing system. Operating data for the Curing Department for the month of March appear below: Percent Complete with Respect to Units Conversion 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 in process 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 assigned to the units completed and transferred out of the department during March? O A. $533,000 O B. $525,530 O C. $592,040 O D. $533,090
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