What is the total costs transferred from Department B to Department C?P619,890P621,030P614,680P603,250 RC Company produces a product that undergoes three processes and thecompleted items at end of process 3 are the items to be sold to customers...For December 2021, RC Company presented the following costs on threeprocesses:Costs incurred:Process AProcess BProcess CMaterials149,40098,80079,04080% at the122,25096,80077,44050% at beginning,100,000.0092,400.0073,920.0040% at beginning,30% at 50%Direct LaborOverheadMaterials areadded at:beginning,remaining 20% at50% complete.50% at 80%completecomplete, andremaining 30% at80% complete.Started/Transferred 50,000 unitsInCompleted andtransferred out49,000 units47,500 units45,000 unitsIn Process, end1,000 units 40%1,000 units 70%1,500 units 60%completecomplete, 500 unitsat 40% complete.complete; 1,000units 30% complete

Costing systems is categorized as job order costing system and process costing. Under job order…

RC Company produces a product that undergoes three processes and the completed items at end of process 3 are the items to be sold to customers.. For December 2021, RC Company presented the following costs on three processes: Costs incurred: Materials Direct Labor Overhead Materials are added at: Started/Transferred In Completed and transferred out In Process, end Process A 149,400 98,800 79,040 80% at the beginning, remaining 20% at 50% complete. 50,000 units 49,000 units 1,000 units 40% complete Process B 122,250 96,800 77,440 50% at beginning, 50% at 80% complete ? 47,500 units 1,000 units 70% complete, 500 units at 40% complete. Process C 100,000.00 92,400.00 73,920.00 40% at beginning, 30% at 50% complete, and remaining 30% at 80% complete. ? 45,000 units 1,500 units 60% complete; 1,000 units 30% complete

RC Company produces a product that undergoes three processes and the completed items at end of process 3 are the items to be sold to customers.. For December 2021, RC Company presented the following costs on three processes: Costs incurred: Materials Direct Labor Overhead Materials are added at: Started/Transferred In Completed and transferred out In Process, end Process A 149,400 98,800 79,040 80% at the beginning, remaining 20% at 50% complete. 50,000 units 49,000 units 1,000 units 40% complete Process B 122,250 96,800 77,440 50% at beginning, 50% at 80% complete ? 47,500 units 1,000 units 70% complete, 500 units at 40% complete. Process C 100,000.00 92,400.00 73,920.00 40% at beginning, 30% at 50% complete, and remaining 30% at 80% complete. ? 45,000 units 1,500 units 60% complete; 1,000 units 30% complete

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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