Hibury Company has two sequential processing departments: Assembly then Shaping. The Shaping Department reports the following information. Conversion costs are applied evenly throughout the process. 
What would have been the journal entry to record the transfer of product from the assembly department to the shaping department?
A) WIP-shaping (Dr) ; WIP-assembly (Cr) 945,000
B) WIP-shaping (Dr) ; WIP-assembly (Cr) 1,092,000
C) WIP-assembly (Dr) ; WIP-shaping (Cr) 1,092,000
D) WIP-assembly (Dr) ; WIP-shaping (Cr) 945,000
Correct Answer:
Verified
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