$ 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