$\backslash$table$[[,$Molding Department,Grinding Department,$],[,,,$Finishing Department$],[$Direct materials,$$12,000,$$$5,300,58,000],[$Direct labor,$10,000,8,500,12,000],[$Applied everhead,$17,000,15,000,12,000],[$Mequired$!,,,]]$

Calculate the costs transferred out of each department.

Const Transferress out

$\backslash$table$[[$Molding$],[$Grinding$],[$Finishing$]]$ transaction, if an amount box does not require an entry, leave it blank.

Transfer entries: $$

$$

$$

$$

$$

$$

$$

$$

$$

$$

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Transfer entries: $$

$$

$$

$$

$$

$$

$$

$$

$$

$$

$$

Cost$-$added entry $($Grinding only$)$:

$$

$$

$$

$$

$$

$$

$$

$$

$$

$$

$$

$$

$3.$ What if the Grinding Department had an ending WIP of $$11,000?$ Calculate the cost transferred out.

$5$

Provide the journal entry that would reflect this transfer.

$$

$$

$$

$$

What is the effect on finished goods calculated in Requirement $1,$ assuming the other two departments have no ending wip?

$$ by $$