BBC Corporation manufactures snowboards using a two-department process. Direct materials are added in both the Assembly and Shaping Departments at the beginning of the process. Conversion costs are applied uniformly throughout the process. Data for the Shaping Department for the month of March follows:
- Assuming BBC uses the weighted-average method, the entry to record the costs transferred in from the assembly department to the shaping department includes?
A) Debit to Finished goods inventory of $634,500
B) Debit to Work in process-shaping of $634,500
C) Credit to Work in process-shaping of $634,500
D) Credit to Materials inventory of $634,500
Correct Answer:
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