Question: (Q 12) Record journal entry for units completed and show T-account. Love's Chocolatiers melts and molds chocolate into delightful shapes. The WIP InventoryMelting account started

(Q 12)

Record journal entry for units completed and show T-account. Love's Chocolatiers melts and molds chocolate into delightful shapes. The WIP InventoryMelting account started with a balance of $18,500 on January 1. During the year, additional DM and conversion costs were added to the melting department, totaling $235,000. The total cost of units completed in the melting department and transferred to the molding department during the year was $242,000. Record the journal entry to recognize the total cost of units completed and removed from the melting department. Determine the ending balance in WIP InventoryMelting by using a T-account.

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