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