Business, 13.03.2020 17:26 jennmcd17

Kota Toy Corporation manufactures lizard dolls in two departments, Molding and Assembly. In the Molding Department, plastic is injected into a lizard-shaped mold. The dolls that come out of the molds are then transferred to the Assembly Department where hair is applied. Kota uses a weighted-average process cost system to collect costs in both departments.

On January 1, the Molding Department had 4,000 dolls in process. These dolls were 100% complete with respect to direct materials and 70% complete with respect to conversion cost. During January, Molding completed 79,000 dolls. On January 31, Molding had 7,000 dolls in work in process. These dolls were 100% complete with respect to direct materials and 25% complete with respect to conversion cost.

How many dolls were started in the Molding Department during January?

a.)75,000
b.)76,000
c.)82,000
d.)86,000

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Kota Toy Corporation manufactures lizard dolls in two departments, Molding and Assembly. In the Mold...

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