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 73 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
Excellent

ebonylittles

  • Member
  • Posts: 318
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

The Sun by the Atmospheric Imaging Assembly of NASA's Solar Dynamics Observatory The Sun by the Atmospheric Imaging Assembly of NASA's Solar Dynamics Observatory
James Madison was a key figure at the Constitutional Convention of 1787 in Philadelphia. He not only James Madison was a key figure at the Constitutional Convention of 1787 in Philadelphia. He not only
Biosynthesis and assembly of collagen Biosynthesis and assembly of collagen
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 ...
Steps in the processing and splicing of mRNA Steps in the processing and splicing of mRNA
Stepwise processing of pri-miRNA to produce miRNA Stepwise processing of pri-miRNA to produce miRNA
Video: Four Giant Convection Cells oF Earth

For a complete list of videos, visit our video library