A food processing company has two sequential production departments: mixing and cooking. The cost of the January
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A food processing company has two sequential production departments: mixing and cooking. The cost of the January 1 work in process in the cooking department is detailed as follows:
Direct material ....................................$ 79000
Conversion .......................................... 30,000
Transferred-in costs ......................... 182,000
During what time period and in what department were the $182,000 of costs listed above incurred? Explain your answer.
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The 182000 of transferredin costs were incurred prior to January 1 and in ...View the full answer
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