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.

Question

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.

Quizplus · Accepted Answer

The Answer of 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.

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