(Solved) Blossom Company has two sequential processing departments: Assembly and Shaping. The Shaping Departm

Blossom Company has two sequential processing departments: Assembly and Shaping. The Shaping Department reports the following information. Conversion costs are applied evenly throughout the process.

Beginning WIP Inventory   9,000 units
Transferred-in costs in beginning WIP Inventory   $98,000
Direct materials costs in beginning WIP Inventory   25,600
Conversion costs in beginning WIP Inventory   $23,750
Units transferred-in   47,000 units
Transferred-in costs   $645,000
Units completed   43,000
Costs added: materials   $155,040
Costs added: conversion   $230,710
Ending WIP Inventory   13,000 units
(50% complete for materials and 40% complete for conversion)

What would have been the journal entry to record the transfer of product from the assembly department to the Shaping Department?
A) WIP—Assembly (Dr); WIP—Shaping (Cr) 645,000
B) WIP—Shaping (Dr); WIP—Assembly (Cr) 728,000
C) WIP—Shaping (Dr); WIP—Assembly (Cr) 645,000
D) WIP—Assembly (Dr); WIP—Shaping (Cr) 728,000

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Blossom Company has two sequential processing departments: Assembly and Shaping. The Shaping Departm

Managerial Accounting

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