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Category > Management Posted 25 Mar 2018 My Price 4.00

equential produc- tion departments

4–8.      What are transferred-in costs?

4–9. A food processing company has two sequential produc- tion departments: mixing and cooking. The cost of the January 1 work in process in the cooking department is detailed as follows:

Direct material ............................................................... $ 79,000

Conversion ....................................................................   30,000

Transferred-in costs .......................................................      182,000

During what time period and in what department were the $182,000 of costs listed above incurred? Explain your answer.

 

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Status NEW Posted 25 Mar 2018 05:03 AM My Price 4.00

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