Figure 6-3.Kelley Inc., manufactures a product that passes through two processes: mixing and molding. All manufacturing costs are added uniformly in the mixing department.Information for the mixing department for October follows:
During October, 32,000 units were completed and transferred to the molding department. The following costs were incurred by the mixing department during October:
By October 31, 3,000 units that were 75% complete remained in Mixing. Kelley uses the weighted average method.
-Refer to Figure 6-3. Kelley's cost of goods transferred to the molding department during October would be

Question

Figure 6-3.Kelley Inc., manufactures a product that passes through two processes: mixing and molding. All manufacturing costs are added uniformly in the mixing department.Information for the mixing department for October follows:
  During October, 32,000 units were completed and transferred to the molding department. The following costs were incurred by the mixing department during October:
 By October 31, 3,000 units that were 75% complete remained in Mixing. Kelley uses the weighted average method.
-Refer to Figure 6-3. Kelley's cost of goods transferred to the molding department during October would be

Quizplus · Accepted Answer

Kelley's cost of goods transferred to the molding department during October includes both the direct materials and conversion costs. The correct calculation combines these costs to find the total cost of goods transferred.