Sarver Company Uses the Weighted-Average Method in Its Process Costing

question 59

Multiple Choice

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:
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?

• A) $482,287.20.
• B) $502,640.00.
• C) $523,240.00.
• D) $561,144.00.