McGoun Corporation uses a process costing system for its two production departments: Mixing and Packaging. The company provided the following manufacturing cost information for the month of May.
....................................................................Mixing .............Packaging
Beginning work in process . . . . . . . . . . . . . . . . . . . . . . . . ..$ 800 ...................$ 700
Costs transferred in . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ... . ? ........................?
Costs incurred in May . . . . . . . . . . . . . . . . . . . . . . . . . . . . ..4,200 ..................6,000
Ending work in process . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,400 ..................2,500
a. Record the transfer of costs from the Mixing Department to the Packaging Department in May.
b. Record the transfer of costs from the Packaging Department to Finished Goods Inventory in May.