Faulk Corporation uses a process costing system for its two production departments: Mixing and Baking. The company provided the following manufacturing cost information for the month of June.

a. Record the transfer of costs from the Mixing Department to the Baking Department in June.
b. Record the transfer of costs from the Baking Department to Finished Goods Inventory in June.

Transcribed Image Text:

Beginning work in process. Costs transferred in Costs incurred in May Ending work in process Mixing $ 500 ? 5,000 1,500 Baking $1,000 ? 9,000 3,000