Pure Fresh Juice Company uses a process costing system for its orange-flavored beverage. The beverage is first processed in the Extraction Department and then transferred to the Bottling Department. The finished bottles are then moved to Finished Goods Inventory. The following production information relates to Pure Fresh Juice's two departments for the month of May: ⚫ Bottles in WIP, May 1: • o Extraction Department: 12,000 。 Bottling Department: 4,500 Bottles completed/transferred out during May: o Extraction Department: 85,000 。 Bottling Department: Bottles in WIP, May 31: o Extraction Department: 6,500 。 Bottling Department: 9,500 Determine the number of bottles of juice completed and transferred to Finished Goods Inventory during May. a) 74,500 b) 79,000 c) 80,000 d) 82,000
Pure Fresh Juice Company uses a process costing system for its orange-flavored beverage. The beverage is first processed in the Extraction Department and then transferred to the Bottling Department. The finished bottles are then moved to Finished Goods Inventory. The following production information relates to Pure Fresh Juice's two departments for the month of May: ⚫ Bottles in WIP, May 1: • o Extraction Department: 12,000 。 Bottling Department: 4,500 Bottles completed/transferred out during May: o Extraction Department: 85,000 。 Bottling Department: Bottles in WIP, May 31: o Extraction Department: 6,500 。 Bottling Department: 9,500 Determine the number of bottles of juice completed and transferred to Finished Goods Inventory during May. a) 74,500 b) 79,000 c) 80,000 d) 82,000
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
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Chapter6: Process Costing
Section: Chapter Questions
Problem 9CE: Jackson Products produces a barbeque sauce using three departments: Cooking, Mixing, and Bottling....
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Transcribed Image Text:Pure Fresh Juice Company uses a process costing system for its orange-flavored beverage. The
beverage is first processed in the Extraction Department and then transferred to the Bottling
Department. The finished bottles are then moved to Finished Goods Inventory. The following
production information relates to Pure Fresh Juice's two departments for the month of May:
⚫ Bottles in WIP, May 1:
•
o Extraction Department: 12,000
。 Bottling Department: 4,500
Bottles completed/transferred out during May:
o Extraction Department: 85,000
。 Bottling Department:
Bottles in WIP, May 31:
o Extraction Department: 6,500
。 Bottling Department: 9,500
Determine the number of bottles of juice completed and transferred to Finished Goods Inventory
during May.
a) 74,500
b) 79,000
c) 80,000
d) 82,000
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