4. Hallow Company produces ping-pong balls using a three-step sequential process that includes molding Colouring and finishing. When costs are transferred from molding to colouring, how does the colouring Department refer to those costs ? A. Direct Material costs B. Transferred in costs C. Packaging costs D. Conversion costs 4. Hallow Company produces ping-pong balls using a three-step sequential process that includes molding Colouring and finishing. When costs are transferred from molding to colouring, how does the colouring Department refer to those costs ? A. Direct Material costs B. Transferred in costs C. Packaging costs D. Conversion costs