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. The records further indicate that direct materials, direct labor, and applied factory overhead for Department 2 were $50,000,
$60,000, and $70,000, respectively. Department 2 has transferred-in costs of $390,000 for the current period. 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 $90,000. The journal entry to record the flow of costs into Department 3 during the period is:
A) Work in Process--Department 3 375,000Work in Process--Department 2 375,000
B) Work in Process--Department 3 570,000Work in Process--Department 2 570,000
C) Work in Process--Department 3 490,000Work in Process--Department 2 490,000
D) Work in Process--Department 3 555,000Work in Process--Department 2 555,000
D
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Fill in the blank(s) with correct word
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a. Euro's b. United States Dollars c. Japanese Yen d. currency of the country where they are incorporated and conduct most of their business activities e. Swiss Francs
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