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16) Golden Ring Company produces two types of product: Large and Larger. Two work orders for two batches (1.67pts) of the products are shown below,
16) Golden Ring Company produces two types of product: Large and Larger. Two work orders for two batches (1.67pts) of the products are shown below, along with some additional cost information: Large Work Order 10 $45,000 Larger Work Order 11 $75,000 Direct materials (actual costs) 2 Applied conversion costs: Mixing Cooking Bottling $12,000 $12,000 $10,000 $15,000 Batch size (bottles) 5,000 5,000 Batch size (bottles) 5,000 5,000 In the Mixing Department, conversion costs are applied on the basis of direct labor hours. Budgeted convention costs for the department for the year were $50,000 for labor and $125,000 for overhead. Budgeted direct labor hours were 2,500. It takes three minutes to mix the ingredients needed for each bottle. Large (Work Order 10) and Larger (Work Order 11) flow through the Mixing Department first, then through the Cooking and Bottling departments What is Golden Ring Company's amount transferred from the Mixing Department to the Cooking Department for Work Order 10? $45.000 $62.500 $39.500 $84.500
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