Question
Wolf Company has two departments, Mixing and Curing. The following information is available for September: Mixing Department: Number of units Cost per equivalent unit Transferred
Wolf Company has two departments, Mixing and Curing. The following information is available for September: Mixing Department: Number of units Cost per equivalent unit Transferred to the curing department 9,000 $2.00 Ending work in process inventory 70 % completed 4,000 $2.00 Curing Department: Completed and transferred out 8,000 $3.00 Ending work in process inventory 30% completed 5,000 $3.00 The entry to record the transfer of inventory from the mixing to the curing department is: Work in process - Curing 18,000 Work in process - Mixing 18,000 Finished goods 18,000 Work in process - Mixing 18,000 Work in process - Mixing 5,600 Work in process - Curing 5,600 Work in process - Curing 18,000 Transferred in costs 18,000
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