I Heart You Candies molds and cooks heart-shaped candy for Valentine's Day. I Heart You Candies had the following costs during their most recent year:
Beginning WIP Inventory-Molding: $12,458
Additional Direct Materials (DM): $99,800
Additional Conversion Costs (CC): $143,670
Transferred-out Costs from the Molding Department: $248,900
What journal entry would be made in order to record moving cost of units completed out of WIP inventory-Molding? What is the ending balance in WIP Inventory-Molding?

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The Answer of I Heart You Candies molds and cooks heart-shaped candy for Valentine's Day. I Heart You Candies had the following costs during their most recent year:
Beginning WIP Inventory-Molding: $12,458
Additional Direct Materials (DM): $99,800
Additional Conversion Costs (CC): $143,670
Transferred-out Costs from the Molding Department: $248,900
What journal entry would be made in order to record moving cost of units completed out of WIP inventory-Molding? What is the ending balance in WIP Inventory-Molding?

I Heart You Candies Molds and Cooks Heart-Shaped Candy for Valentine's