Kyle,Inc ,Instituted a New Process in October

question 13

Essay

Kyle,Inc. ,instituted a new process in October.During October,18,000 units were started in Department A.Of the units started,2,000 were lost in the process,12,000 were transferred to Department B,and 4,000 remained in work in process at October 31.The work in process at October 31 was 100 percent complete as to material costs and 15% complete as to conversion costs.Material costs of $78,400 and conversion costs of $52,920 were charged to Department A in October.What were the total costs transferred to Department B and assigned to ending work in process using the average cost method?

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Definitions:

Light

Electromagnetic radiation visible to the human eye, essential for human vision and photosynthesis in plants.

Revolving Nosepiece

Part of a microscope that holds the objectives and can be rotated to change magnification.

Objective Lens

The lens in a microscope closest to the specimen, which magnifies the image of the specimen.

Microscope Head

The microscope head is the upper part of a microscope that contains the ocular lenses or eyepieces through which a specimen is viewed.