Question: 23) 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
23) 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 | 6,500 | 20% |
| Transferred in from the prior department during March | 61,800 | |
| Ending work in process inventory | 10,000 | 60% |
The Fitting Departments cost per equivalent unit for conversion cost for March was $6.13. How much conversion cost was assigned to the units transferred out of the Fitting Department during March?
Multiple Choice
$328,024
$378,834
$357,379
$418,679
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