NUBD Company uses a process costing system to collect costs related to the production of its mint flavored cola. The cola is first processed in a Mixing Department and is then transferred out and finished up in the Bottling Department. The finished cases of cola are then transferred to Finished Goods Inventory. The following information relates to NUBD's two departments for the month of January: Cases of cola in work in process, January 1. Cases of cola com pleted/trans ferred out during January Cases of cola in work in process, January 31. Mixing Bottling 10,000 77,000 4,000 3,000 ? 8,000 ...........
NUBD Company uses a process costing system to collect costs related to the production of its mint flavored cola. The cola is first processed in a Mixing Department and is then transferred out and finished up in the Bottling Department. The finished cases of cola are then transferred to Finished Goods Inventory. The following information relates to NUBD's two departments for the month of January: Cases of cola in work in process, January 1. Cases of cola com pleted/trans ferred out during January Cases of cola in work in process, January 31. Mixing Bottling 10,000 77,000 4,000 3,000 ? 8,000 ...........
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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How many cases of cola were completed and transferred to Finished Goods Inventory during January?
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