A company has two processing departments: A andB. Which of the following entries or sets of journal entries would be used to record the transfer between processing departments and from the final processing department to finished goods?
a.Work in Process-Department B $\quad $ XXX
Work in Process-Department A $\quad $ $\quad $ $\quad $XXX
Finished Goods $\quad $ $\quad $ $\quad $ $\quad $ $\quad $ $\quad $XXX
Work in Process Department B $\quad $ $\quad $ $\quad $ XXX

b. Finished Goods $\quad $XXX
Work in Process $\quad $$\quad $$\quad $$\quad $XXX

c. Work in Process-Department B $\quad $$\quad $XXX
Work in Process-Department A $\quad $$\quad $ $\quad $$\quad $XXX
Cost of Goods Sold $\quad $$\quad $XXX
Work in Process-Department B $\quad $$\quad $XXX

d. Finished Goods $\quad $$\quad $XXX
Work in Process-Department A $\quad $$\quad $XXX
Finished Goods $\quad $$\quad $XXX
Work in Process-Department B $\quad $$\quad $XXX

Question

A company has two processing departments: A andB. Which of the following entries or sets of journal entries would be used to record the transfer between processing departments and from the final processing department to finished goods?
a.Work in Process-Department B $\quad $ XXX
Work in Process-Department  A  $\quad $ $\quad $ $\quad $XXX 
Finished Goods  $\quad $ $\quad $ $\quad $ $\quad $ $\quad $ $\quad $XXX
Work in Process Department B $\quad $ $\quad $ $\quad $ XXX

b. Finished Goods  $\quad $XXX
Work in Process $\quad $$\quad $$\quad $$\quad $XXX

c. Work in Process-Department  B  $\quad $$\quad $XXX
Work in Process-Department A $\quad $$\quad $ $\quad $$\quad $XXX
Cost of Goods Sold $\quad $$\quad $XXX
Work in Process-Department B $\quad $$\quad $XXX

d. Finished Goods $\quad $$\quad $XXX
Work in Process-Department A $\quad $$\quad $XXX
Finished Goods $\quad $$\quad $XXX
Work in Process-Department B  $\quad $$\quad $XXX

Quizplus · Accepted Answer

Option A correctly represents the journal entries for transferring costs between processing departments and then to finished goods. The first entry moves costs from Department A to Department B, reflecting the flow of production. The second entry moves costs from Department B, the final processing department, to Finished Goods, indicating the completion of production and readiness for sale.

A Company Has Two Processing Departments: a AndB \quad XXX Work in Process-Department A

A Company Has Two Processing Departments: a AndB $\quad$ XXX
Work in Process-Department A