Tastee Ice Cream Company produces ice cream in two departments-Mixing and Finishing.In Mixing,all ingredients except fruit are added at the start of production.In Finishing,fruit is added and then the mixture is placed into containers.Adding the fruit to the basic ice cream mixture increases the volume transferred in by the number of gallons of fruit added.Any spoilage that occurs is in the Finishing Department.Spoilage is detected just before the ice cream is placed into containers or at the 98 percent completion point.All spoilage is abnormal.
Finishing Department
| BWIP (100% fruit, 0% container, 30% CC) | 5,000 gallons |
| Gallons transferred in | 5,500 |
| Gallons of fruit added | 1,200 |
| EWIP (100% fruit, 0% container, 60% CC) | 1,700 gallons |
| Gallons transferred out | 9,000 |
| Abnormal spoilage | 1,000 |
BWIP Costs:
Transferred In $9,700
Fiuit 10,500
15,000
Current Costs:
| Transferred In | 12,400 |
| Fruit | 54,000 |
| Containers | 11,000 |
| CC | 98,000 |
| Total Costs | $ 210,600 |
Correct Answer:
Verified
Transferred In ...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q204: The following costs were accumulated by Department
Q205: Kennedy Company
The following information is available for
Q206: The formula for a chemical compound
Q207: Bridges Industries manufactures wood furniture.In the Lamination
Q208: Delightful Candy Corporation has two processing
Q209: Schmidt Company manufactures a single product.All
Q210: Ewing Company manufactures a specialized product.Department
Q211: Stocks Corporation
Stocks Corporation has the following information
Q213: Consider the following data for a cooking
Q214: Chandler Industries has two departments. Department 1
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents