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Terminal Industries (TI) produces a product using three departments: Mixing, Processing, and Filtering. New material is added only in the Mixing Department. The following information

Terminal Industries (TI) produces a product using three departments: Mixing, Processing, and Filtering. New material is added only in the Mixing Department. The following information is given for the Processing Department for August. TI uses process costing. WIP Inventory Processing Department: August 1 Quantity (60% complete) 28,000 units Transferred-in costs (from Mixing Department) $ 41,030 Conversion costs (Processing Department) 14,712 Total WIP cost: August 1 $ 55,742 Current production and

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