Maurice Tutor

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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 10 Aug 2017 My Price 9.00

Mocha Company

Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicate that direct materials, direct labor, and applied factory overhead for Department 1 were $100,000, $125,000, and $150,000, respectively. The records further indicate that direct materials, direct labor, and applied factory overhead for Department 2 were $50,000, $60,000, and $70,000, respectively. In addition, work in process at the beginning of the period for Department 1 totaled $75,000, and work in process at the end of the period totaled $60,000.The journal entry to record the flow of costs from Department 1 into Department 2 during the period is:

a. Work in Process--Department 2 390,000 Work in Process--Department 1 390,000  
b. Work in Process--Department 2 255,000 Work in Process--Department 1 255,000  
c. Work in Process--Department 2 375,000 Work in Process--Department 1 375,000  
d. Work in Process--Department 2 330,000 Work in Process--Department 1 330,000

Answers

Maurice Tutor
(5)
Status NEW Posted 10 Aug 2017 11:08 PM My Price 9.00

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