Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicate that direct materials, direct labor, and applied factory overhead for Department 1 were $100,000, $125,000, and $150,000, respectively. Work in process at the beginning of the period for Department 1 was $75,000, and work in process at the end of the period totaled

$60,000. The records indicate that direct materials, direct labor, and applied factory overhead for Department 2 were $50,000, $60,000, and $70,000, respectively. In addition, work in process at the beginning of the period for Department 2 totaled $75,000, and work in process at the end of the period totaled $60,000. The journal entry to record the flow of costs into Department 3 during the period is:
A) Work in Process--Department 3 585,000Work in Process--Department 2 585,000
B) Work in Process--Department 3 570,000Work in Process--Department 2 570,000
C) Work in Process--Department 3 555,000Work in Process--Department 2 555,000
D) Work in Process--Department 3 165,000Work in Process--Department 2 165,000


A

Business

You might also like to view...

The balance in Allowance for Uncollectible Accounts must be considered prior to end-of-period adjustment when using which of the following methods?

A) Direct charge-off method B) Both direct charge-off method and percentage of net sales method C) Percentage of net sales method D) Accounts receivable aging method

Business

________ is a doctrine that says a person is liable for harm that is the foreseeable consequence of his or her actions

A) Tort of outrage B) Tort of misappropriation C) Disparagement D) Unintentional tort

Business

When writing goodwill messages, you should always use the "you" perspective

Indicate whether the statement is true or false

Business

According to the LPC theory, leader task structure is the power inherent in the leader’s role itself, and it is the least important factor in determining situational favorableness.

Answer the following statement true (T) or false (F)

Business