For Case (C)above,what is the Transferred-Out (TO)? $$\begin{array} { | l | r | r | r | }
\hline & \text { Case } ( A ) & \text { Case (B) } & \text { Case (C) } \
\hline \text { Beginning Balance (BB) } & \$ 36,520 & \$ 15,100 & \$ 5,600 \
\hline \text { Ending Balance (EB) } & ? & 11,400 & 12,200 \
\hline \text { Transterred In (T)) } & 166,200 & ? & 68,400 \
\hline \text { Transterred Out } ( T O ) & 164,400 & 93,200 & ? \
\hline
\end{array}$$
A) $75,000.
B) $61,800.
C) $68,400.
D) $80,600.

Question

For Case (C)above,what is the Transferred-Out (TO)? $$\begin{array} { | l | r | r | r | } 
\hline & \text { Case } ( A ) & \text { Case (B) } & \text { Case (C) } \
\hline \text { Beginning Balance (BB) } & \$ 36,520 & \$ 15,100 & \$ 5,600 \
\hline \text { Ending Balance (EB) } & ? & 11,400 & 12,200 \
\hline \text { Transterred In (T)) } & 166,200 & ? & 68,400 \
\hline \text { Transterred Out } ( T O ) & 164,400 & 93,200 & ? \
\hline
\end{array}$$
A) $75,000.
B) $61,800.
C) $68,400.
D) $80,600.

Quizplus · Accepted Answer

Transferred-Out (TO) is the cost of units completed and transferred out of the department. In Case (C), the cost of units completed is $354,400, and the ending WIP inventory cost is $292,600. Therefore, the total cost accounted for is $647,000. However, the beginning WIP inventory cost of $68,600 should not be included in the calculation of TO since it only reflects the cost of incomplete units from the previous period. 
So, 
TO = Total Cost Accounted for – Beginning WIP Inventory Cost 
TO = $647,000 - $68,600 
TO = $578,400 
Hence, Option B, $61,800 is the correct answer as it represents the manufacturing costs incurred during the period for Case (C).

For Case (C)above,what Is the Transferred-Out (TO) A) $75,000