Sweet Corporation is in the dairy manufacturing business. Products go through two production departments (A first, then B). Data from those departments for October 2012 are presented below.

Sweet Corporation started 2,600 units of product during the month in department A. Costs incurred in department A for October 2012 totalled $64,000 for material and $132,000 for conversion. Additionally, department B incurred conversion costs in September 2012 of $600,000. Department B adds no materials to the product.
Instructions
(a) Journalize the transfer of goods from department A to department B during October 2012. Sweet Corporation accounts for its costs using the weighted-average method.
(b) Prepare a production cost report for department B for October 2012.

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Department A Beginning work in process Department B Beginning work in process Number of units % complete for materials % complete for transferred-in % complete for conversion Total materials cost Total conversion cost Total transferred-in costs Number of units % complete for materials % complete for transferred-in % complete for conversion 1000 100% 200 100% 30% 60% $24,000 $30,000 $40,000 15,000 300 600 100% 100% 40% 30%