This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Blousson Company has two sequential processing departments: Assembly then Shaping. The Shaping ... (Read 153 times)

jayhills49

  • Hero Member
  • *****
  • Posts: 559
on: Jan 5, 2020
Blousson Company has two sequential processing departments: Assembly then Shaping.  The Shaping Department reports the following information. Conversion costs are applied evenly throughout the process.

Beginning WIP inventory7,000 units
Transferred-in costs in beginning WIP inventory$98,000
Direct materials costs  in beginning WIP inventory $24,500
Conversion costs in beginning WIP inventory$22,750
Units transferred-in45,000 units
Transferred-in costs$630,000
Units completed42,000
Costs added:  materials$155,040
Costs added:  conversion$230,710
Ending WIP inventory10,000 units
(50% complete for materials and 40% complete for conversion)​
What would have been the journal entry to record the transfer of product from the assembly department to the shaping department?
◦ WIP-assembly (Dr); WIP-shaping (Cr) 630,000
◦ WIP-shaping (Dr); WIP-assembly (Cr) 728,000
◦ WIP-shaping (Dr); WIP-assembly (Cr) 630,000
◦ WIP-assembly (Dr); WIP-shaping (Cr) 728,000
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jayhills49 on Jan 5, 2020

nathang24

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jan 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 32% of students answer this correctly


jayhills49

  • Member
  • Posts: 559
Reply 2 on: Jan 5, 2020
Gracias!

kilada

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Information Processing Model The components of the model operate simultaneously. Information Processing Model The components of the model operate simultaneously.
Biosynthesis and assembly of collagen Biosynthesis and assembly of collagen
Shaping in Animal Training Shaping in Animal Training
Exogenous Antigen Processing Exogenous Antigen Processing
Shaping in Animal Training Shaping in Animal Training
An organizational specialist is hired as a consultant to a company planning to open a coffee ... An organizational specialist is hired as a consultant to a company planning to open a coffee ...
Video: Embryonic development - Week 4

For a complete list of videos, visit our video library