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 150 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
Wow, this really help

Laurenleakan

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Model of a sequential study in which two cohorts were followed beginning at age 20. One cohort was f Model of a sequential study in which two cohorts were followed beginning at age 20. One cohort was f
Downstream processing flow of a monoclonal antibody (mAb) Downstream processing flow of a monoclonal antibody (mAb)
Exogenous Antigen Processing Exogenous Antigen Processing
Exogenous Antigen Processing Exogenous Antigen Processing
A company spends $117 500 today and has positive cash inflows of $34 000 for each of the next 6 ... A company spends $117 500 today and has positive cash inflows of $34 000 for each of the next 6 ...
The processing of ribosomal and transfer RNA The processing of ribosomal and transfer RNA
Video: DNA Sequences - Dideoxy Sequencing

For a complete list of videos, visit our video library