Question
Totter Toys manufactures Tribbles. The following costs are incurred by Totter Toys during the month of August: Casting Process Assembly Process Direct materials $5,750 $3,250
- Totter Toys manufactures Tribbles. The following costs are incurred by Totter Toys during the month of August:
| Casting Process | Assembly Process | |||
| Direct materials | $5,750 | $3,250 | ||
| Direct labor | 825 | 975 | ||
| Applied overhead | 3,100 | 1,025 | ||
Determine the costs transferred out of the Assembly Process. Assume no work-in-process (WIP) inventories.
a.$9,000
b.$9,675
c.$5,250
d.$14,925
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Financial Accounting
Authors: Arne E. Jorgensen
1st Edition
8759340886, 9788759340882
