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 % complete 4,000 $2.00 Curing Department: Completed and transferred out 8,000 $3.00 Ending work in process inventory 30% complete 5,000 $3.00 The entry to record the transfer of inventory from the curing department to the warehouse is: Finished goods 18,000 Work in process - Mixing 18,000 Finished goods 24,000 Work in process - Curing 24,000 Work in process - Curing 24,000 Work in process - Mixing 24,000 Work in process - Curing 4,500 Finished goods 4,500
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