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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Kopa Company manufactures CH-21 through two processes: Mixing and Packaging. In July, the following costs were incurred.
|
Mixing
|
Packaging
|
|
|
Raw materials used
|
$10,000
|
$28,000
|
|
Factory labor costs
|
8,000
|
36,000
|
|
Manufacturing overhead costs
|
12,000
|
54,000
|
Units completed at a cost of $21,000 in the Mixing Department are transferred to the Packaging Department. Units completed at a cost of $106,000 in the Packaging Department are transferred to Finished Goods. Journalize the assignment of these costs to the two processes and the transfer of units as appropriate.
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