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A product requires processing in two departments, the Baking Department and then the Packaging Department, before it is completed and transferred out. Costs transferred out
A product requires processing in two departments, the Baking Department and then the Packaging Department, before it is completed and transferred out. Costs transferred out of the Baking
Department will be transferred to
Finished Goods Inventory.
Cost of Goods Sold.
Work in ProcessPackaging Department.
Manufacturing Overhead.
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