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Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello
Edition 17ISBN: 978-0078025778Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello
Edition 17ISBN: 978-0078025778 Exercise 3
Determining Departmental Manufacturing Costs
On September 1, the Blending Department of Jo's Bakery had costs carried forward from August totaling $50,000. Resources consumed to complete the beginning inventory totaled $39,000. The total cost of units started in the Blending Department during September was $500,000. On September 30, costs assigned to the department's ending inventory totaled $64,000. Compute the costs transferred out of the Blending Department during September.
On September 1, the Blending Department of Jo's Bakery had costs carried forward from August totaling $50,000. Resources consumed to complete the beginning inventory totaled $39,000. The total cost of units started in the Blending Department during September was $500,000. On September 30, costs assigned to the department's ending inventory totaled $64,000. Compute the costs transferred out of the Blending Department during September.
Explanation
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Calculate the costs transferred out of t...
Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello
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