$ 1,200 Costs transferred in?? Costs incurred in Aug $ 3,500 $ 5,000 Ending work in process $ 2,000 $ 2,500
a.) Record the transfer costs from the cutting department to the painting department in Aug.
b.) Record the transfer costs from the painting department to the finished goods inventory account in Aug.
4.) Badin Corp. has the following information about its most popular product line:
Sales price per unit $ 50 Variable cost per unit $ 25 Total fixed manufacturing & overhead costs