Trux Metals Inc. manufactures a product that passes through three departments: Melting, Skimming, and Molding. In August, the company produced 1,200 units with the following costs:
Melting Skimming Molding
Department Department Department
Direct materials $1,600 $2,200 $1,200
Direct labor 250 220 400
Overhead 800 900 600
Which of the following is the journal entry to transfer costs from the skimming department to the molding department?
a. Debit Work in Process (Molding) by $5,970 and Credit Work in Process (Skimming) by $5,970.
b. Debit Work in Process (Melting) b y s2,650 and Credit Work in Process (Molding) by $2,650.
c. Debit Finished Goods by $3,320 and Credit Work in Process( Molding) by $3,320.
d. Debit Work in Process by $8,170 Skimming) and Credit Finished Goods by $8,170.
Answers: 3
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