Saada 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. Percent Complete with Respect to Conversion 20% 60% The Fitting Department's cost per equivalent unit for conversion cost for March was $6.03. How much conversion cost was assigned to the units transferred out of the Fitting Department during March? Units Beginning work in process inventory 4,500 Transferred in from the prior department during March 59,800 Ending work in process inventory 8,000 Multiple Choice $360,594 $328,016 $339,489

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Saada 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.
Beginning work in process inventory
Transferred in from the prior department during March
Ending work in process inventory
Multiple Choice
$360,594
The Fitting Department's cost per equivalent unit for conversion cost for March was $6.03. How much conversion cost was assigned to the units
transferred out of the Fitting Department during March?
$328,016
Units
4,500
59,800
8,000
$339,489
Percent
Complete with
Respect to
Conversion
20%
60%
Transcribed Image Text:Saada 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. Beginning work in process inventory Transferred in from the prior department during March Ending work in process inventory Multiple Choice $360,594 The Fitting Department's cost per equivalent unit for conversion cost for March was $6.03. How much conversion cost was assigned to the units transferred out of the Fitting Department during March? $328,016 Units 4,500 59,800 8,000 $339,489 Percent Complete with Respect to Conversion 20% 60%
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