Candle Company has two sequential processing departments

Last updated: 10/3/2023

Candle Company has two sequential processing departments Assembly and Shaping The Shaping Department reports the following information Conversion costs are applied evenly through process Beginning WIP Inventory Transferred in costs in beginning WIP Inventory Direct materials costs in beginning WIP Inventory Conversion costs in beginning WIP Inventory Units transferred in Transferred in costs Units completed Costs added materials Costs added conversion Ending WIP Inventory OA WIP Shaping Dr WIP Assembly Cr 744 000 OB WIP Assembly Dr WIP Shaping Cr 744 000 OC WIP Shaping Dr WIP Assembly Cr 646 000 OD WIP Assembly Dr WIP Shaping Cr 646 000 9 000 units 98 000 25 600 23 750 47 000 units 646 000 43 000 155 040 230 710 13 000 units CECA