Question: Sarver Company uses the weighted-average method in its process costing system. The Fitting Department is the second department in its production process. The data below

Sarver Company 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 Percentage complete

Beginning work in process inventory 6,000 70%

Transferred in from the prior department during March 50,500

Ending work in process inventory 5,000 30%

The Fitting Department's production report indicates that the cost per equivalent unit for conversion cost for March was $8.24.

How much conversion cost was assigned to the units transferred out of the Fitting Department during March?

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