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

question 22

Multiple Choice

Sarver 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. The Fitting Department's 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

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Definitions:

ICD-10-CM General Note

Guiding instructions and information related to the use and application of the International Classification of Diseases, Tenth Revision, Clinical Modification.

Condition

A particular state of existence or a circumstance affecting the functioning of something or someone's health.

Excludes 1

A term used in coding and classification systems to indicate that conditions listed are not included within the section or code.

ICD-10-CM General Note

Guidelines and notes associated with the International Classification of Diseases, 10th Revision, Clinical Modification, used for coding and classifying morbidity data.