Tabet Corporation uses the FIFO method in its process costing system. Operating data for the Curing Department for the month of March appear below: UnitsPercent Complete with Respect to ConversionBeginning work in process inventory5,70070%Transferred in from the prior department during March57,000 Completed and transferred to the next department during March58,700 Ending work in process inventory4,00090%According to the company's records, the conversion cost in beginning work in process inventory was $20,349 at the beginning of March. The cost per equivalent unit for conversion costs for March was $5.00. How much conversion cost would be assigned to the units completed and transferred out of the department during March?
A. $273,550
B. $293,500
C. $285,000
D. $293,899
Answer: D
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