Montgomery Corporation produces boxes of cookies that go through three departments: Mixing, Cooking and Packaging. During April, Montgomery produced 250,000 boxes of cookies with the following costs:
Required:
A. Calculate the costs transferred out of each department.
B. Prepare journal entries that reflect these cost transfers.

Question

Montgomery Corporation produces boxes of cookies that go through three departments: Mixing, Cooking and Packaging. During April, Montgomery produced 250,000 boxes of cookies with the following costs:
 Required:
A. Calculate the costs transferred out of each department.
B. Prepare journal entries that reflect these cost transfers.

Quizplus · Accepted Answer

The Answer of Montgomery Corporation produces boxes of cookies that go through three departments: Mixing, Cooking and Packaging. During April, Montgomery produced 250,000 boxes of cookies with the following costs:
 Required:
A. Calculate the costs transferred out of each department.
B. Prepare journal entries that reflect these cost transfers.

Montgomery Corporation Produces Boxes of Cookies That Go Through Three