Question: 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 department's operations in March.
| Units | Percent Complete with Respect to Conversion | |
|---|---|---|
| Beginning work in process inventory | 7,700 | 20% |
| Transferred in from the prior department during March | 63,000 | |
| Ending work in process inventory | 11,200 | 60% |
The Fitting Department's cost per equivalent unit for conversion cost for March was $6.19. How much conversion cost was assigned to the units transferred out of the Fitting Department during March?
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