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

question 30

Multiple Choice

Saada 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. $\begin{array}{lrr}&&\text {Percent}\\&\text { Units}&\text { complete }\\ \text { Beginning work in process stock } &3,700&20 \% \\ \text { Transferred in from theprior department during March } &59,000\\ \text { Ending work in process stock } &7,200&60 \%\\\end{array}$

The Fitting Department's production report indicates that the cost per equivalent unit for conversion cost for March was £5.99.
How much conversion cost was assigned to the units transferred out of the Fitting Department during March

• A)£332,445.00
• B)£375,573.00
• C)£328,012.40
• D)£353,410.00

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