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Business, 03.08.2019 00:20 keisha71

The cost of goods for mandy manufacturing company flow through an assembly and a finishing department before being transferred to finished goods inventory. the work in process accounts in the assembly and finishing departments had beginning balances of $5,000 and $4,000, respectively. during the period, the following costs were added to each department. assembly finishing direct materials $ 12,000 $ 15,000 direct labor 24,000 46,000 overhead 16,000 22,000 also, $47,000 of cost was transferred from the assembly department to the finishing department. finally, the ending balance in the work in process account in the finishing department was $6,000. based on this information, the cost of goods transferred to the finished goods inventory account was:

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