Chapter 6 Process Costing OBJECTIVEBrief Exercise 6-23 Unit Cost, Valuing Goods Transferred Out and EWIP Example 6.3 During April, the grinding department of Tranx Inc. completed and transferred out 315,000 units. At the end of April, there were l 12,500 units in process, 60% complete. Tranx incurred manufacturing costs totaling $2.295,000. Required: 1. Calculate the unit cost. 2. Calculate the cost of goods transferred out and the cost of EWIP QBJECTIVEBrief Exercise 6-24 Weighted Average Method, Unit Cost, Valuing Inventories 4-15 (Appendix 4B) Those departments responsible for creating products or services that are sold to customers are referred to as a. profit-making departments. 6 producing departments. c. cost centers. d. support departments. e. None of these. 4-16 (Appendix 4B) Those departments that provide essential services to producing departments are referred to as a. revenue-generating departments. b. support departments. c. profit centers. d. production departments. e. None of these. (Appendix 4B) An example of a producing department is a. a materials storeroom. b. the maintenance department. c. engineering design. d. assembly e. All of these. 4-17 4-18 (Appendix 4B) An example of a support department is