Jared Beverage Corporation uses a process costing system to collect costs related to the production of its celery flavored cola. The cola is first processed in a Mixing Department and is then transferred out and finished up in the Bottling Department. The finished cases of cola are then transferred to Finished Goods Inventory. The following information relates to the company's two departments for the month of January: Mixing BottlingCases of cola in work in process, January 1 10,000 5,000 Cases of cola completed/transferred out during January 65,000 ? Cases of cola in work in process, January 31 4,000 7,000 How many cases of cola were completed and transferred to Finished Goods Inventory during January?
A. 58,000
B. 77,000
C. 63,000
D. 70,000
Answer: C
You might also like to view...
The ______________________________ notifies the general ledger/business reporting process of investing and financing transaction activities,
Fill in the blank(s) with correct word
One way to determine the duration of each activity in a project with a reasonable degree of accuracy is ______.
A. deterministic estimation B. qualitative estimation C. optimistic estimation D. pessimistic estimation
You are sleepy before your 8:00 a.m. class and you notice the Starbucks on the walk to school. You stop for a drink, and purchase something new that you really enjoy. The next day you do the same, and soon this has become a habit. This process is an example of
A. cognitive dissonance. B. behavioral learning. C. attitude formation. D. cognitive learning. E. the scientific method.
What concept describes an employee’s state of mind that reflects a combination of their commitment to their employer and the degree to which they are wiling to actively support and help out colleagues:
a. employee engagement b. employee expression c. employee emancipation d. employee awareness