- W Company Uses Process In Its Two Producing Departments On April 1 Department B Had No Units In Beg Inventory During 1 (32.94 KiB) Viewed 36 times
W Company uses process in its two producing departments. On April 1, Department B had no units in beg. Inventory. During April 27,000 units were transferred from Dept A to Department B. On April 30, Department B had 6,000 units of work in process, 60% complete as to labor and 60% complete as to factory overhead. During the month, 21,000 units were transferred from dept B to Finished Goods Inventory. Materials are added in the beginning of the process in Dept B. The following journal entries summarize April Activity: Work in Process-Dept A Work in Process-Dept B Materials 225,000.00 175,000.00 400,000.00 Work in Process-Dept A Work in Process-Dept B Payroll 108,000.00 132,000.00 240,000.00 Work in Process-Dept A 146,000.00 Work in Process-Dept B 144,000.00 Applied factory overhead 290,000.00 Work in Process-Dept B Work in Process-Dept A 500,000.00 500,000.00 4. Cost of In Process Inventory A. 760,609.76 B. 951,000 C. 190,30.24 D. 653,913.04