Blossom Company Has Two Sequential Processing Departments: Assembly and Shaping

Blossom Company has two sequential processing departments: Assembly and Shaping. The Shaping Department reports the following information. Conversion costs are applied evenly throughout the process. What would have been the journal entry to record the transfer of product from the assembly department to the Shaping Department?

A) WIP-Assembly (Dr) ; WIP-Shaping (Cr) 640,000
B) WIP-Shaping (Dr) ; WIP-Assembly (Cr) 731,000
C) WIP-Assembly (Dr) ; WIP-Shaping (Cr) 731,000
D) WIP-Shaping (Dr) ; WIP-Assembly (Cr) 640,000

Correct Answer:

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