Kelley Inc., manufactures a product that passes through two processes: mixing and molding. All manufacturing costs are added uniformly in the mixing department. Information for the mixing department for October follows: Work in process, October 1: Units (55% complete) 6,000 $35,000 $42,000 $12,000 Direct materials Direct labor Overhead During October, 32,000 units were completed and transferred to the molding department. The following costs were incurred by the mixing department during October: $120,000 $160,000 $50,000 Direct materials Direct labor Overhead
Kelley Inc., manufactures a product that passes through two processes: mixing and molding. All manufacturing costs are added uniformly in the mixing department. Information for the mixing department for October follows: Work in process, October 1: Units (55% complete) 6,000 $35,000 $42,000 $12,000 Direct materials Direct labor Overhead During October, 32,000 units were completed and transferred to the molding department. The following costs were incurred by the mixing department during October: $120,000 $160,000 $50,000 Direct materials Direct labor Overhead
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter6: Process Costing
Section: Chapter Questions
Problem 16E: Heap Company manufactures a product that passes through two processes: Fabrication and Assembly. The...
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Question
Kelley's total costs to account for would be
$264,000.
$304,000.
$419,000.
$155,000.
![Kelley Inc., manufactures a product that passes through two processes: mixing
and molding. All manufacturing costs are added uniformly in the mixing
department.
Information for the mixing department for October follows:
Work in process, October 1:
Units (55% complete)
6,000
$35,000
$42,000
$12,000
Direct materials
Direct labor
Overhead
During October, 32,000 units were completed and transferred to the molding
department. The following costs were incurred by the mixing department during
October:
$120,000
$160,000
$50,000
Direct materials
Direct labor
Overhead](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0083564a-a000-4661-800c-5d1057b67d3a%2F3d2b7df4-b1f7-4119-a35c-920d87e03cc7%2Fop5i5u_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Kelley Inc., manufactures a product that passes through two processes: mixing
and molding. All manufacturing costs are added uniformly in the mixing
department.
Information for the mixing department for October follows:
Work in process, October 1:
Units (55% complete)
6,000
$35,000
$42,000
$12,000
Direct materials
Direct labor
Overhead
During October, 32,000 units were completed and transferred to the molding
department. The following costs were incurred by the mixing department during
October:
$120,000
$160,000
$50,000
Direct materials
Direct labor
Overhead
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