Reference no: EM132722334

Question - Asis Corporation uses the weighted-average method in its process costing system. The Production Department is the second department in its production process. The data below summarize the department's operations in November

Beginning work in process inventory 4,800 units

Percent Complete with Respect to Conversion 60%

Transferred in from the prior department during January 78,000

Completed and transferred to the next department during January 80,900

Ending work in process inventory 1,900

Percent Complete with Respect to Conversion 40%

The Production Department's cost per equivalent unit for conversion cost for November was $5.37.

Required - How much conversion cost was assigned to the ending work in process inventory in the Production Department for November?