Question:
Sadanand 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.
|
|
|
Percentage
|
|
|
Units
|
complete
|
|
Beginning work in process inventory .
|
1,100
|
40%
|
|
Transferred in from the prior department during
|
|
|
|
March
|
46,000
|
|
|
Ending work in process inventory
|
4,600
|
30%
|
The Fitting Department"s production report indicates that the cost per equivalent unit for conversion cost for March was $9.24. How much conversion cost was assigned to the units transferred out of the Fitting Department during March?
A) $388,634.40
B) $425,040.00
C) $435,204.00
D) $392,700.00