How much cost, in total, was assigned to the units transferred out to the next department during the month?

A) $549,500
B) $584,400
C) $502,600
D) $535,000

The cost per equivalent unit is calculated as follows:
Materials cost per EU: ($170,000 + $20,000) ÷ 20,000 EU = $9.50
Conversion cost per EU: ($75,000 + $10,000) ÷ 20,000 EU = $4.25
Total cost per EU: $9.50 + $4.25 = $13.75
The cost assigned to the 38,500 units transferred out is: 38,500 EU x $13.75 EU cost = $529,375. Thus, the answer is A)$549,500 as $20,625 (3,000 EU x $6.875 normal loss cost) + $529,375 (cost assigned to units transferred out) = $550,000 (total cost assigned).

Weighted-average method equivalent units of production Weighted-average method cost per equivalent unit Weighted-average method: Reference: CH05-Ref9
Carpenter Corporation uses the weighted-average method in its process costing system.This month, the beginning inventory in the first processing department consisted of 600 units.The costs and percentage completion of these units in beginning inventory were: A total of 7,800 units were started and 7,100 units were transferred to the second processing department during the month.The following costs were incurred in the first processing department during the month: The ending inventory was 85% complete with respect to materials and 70% complete with respect to conversion costs.
Note: Your answers may differ from those offered below due to rounding error.In all cases, select the answer that is the closest to the answer you computed.To reduce rounding error, carry out all computations to at least three decimal places.