Question
DriveTrain, Inc. instituted a new process in October 2020. During October, 11,800 units were started in Department A. Of the units started, 8,450 were transferred
DriveTrain, Inc. instituted a new process in October 2020. During October, 11,800 units were started in Department A. Of the units started, 8,450 were transferred to Department B, and 3,350 remained in Work-in-Process at October 31, 2020. The Work-in-Process at October 31, 2020, was 100% complete as to material costs and 50% complete as to conversion costs. Material costs of $31,860 and conversion costs of $40,500 were charged to Department A in October. What were the total costs transferred to Department B assuming Department A uses weighted-average process costing?
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