Lively Juice Co. processes fruit juice in two departments: Crushing and Bottling. In the month of March: • • • The Crushing Department completed and transferred 65,000 gallons of juice to Bottling. Bottling Department began March with 2,500 gallons in beginning inventory. Bottling Department ended March with 6,000 gallons in ending inventory. How many gallons were completed and transferred to Finished Goods Inventory from Bottling in March? A. 59,000 B. 61,500 C. 62,000 D. 63,500

Lively Juice Co. processes fruit juice in two departments: Crushing and Bottling. In the month of March: • • • The Crushing Department completed and transferred 65,000 gallons of juice to Bottling. Bottling Department began March with 2,500 gallons in beginning inventory. Bottling Department ended March with 6,000 gallons in ending inventory. How many gallons were completed and transferred to Finished Goods Inventory from Bottling in March? A. 59,000 B. 61,500 C. 62,000 D. 63,500

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter6: Process Costing

Section: Chapter Questions

Problem 28BEA: Transferred-In Cost Powers Inc. produces a protein drink. The product is sold by the gallon. The...

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