FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Moccasin Company produces 15,000 bars of chocolates and has the following cost data for the month of January:

  Blending Process Molding Process
Direct materials $12,000   $3,000  
Direct labor 9,000 6,000
Applied overhead 3,500 2,500

Calculate the costs transferred out of the Molding Department for the month of January. Assume no work-in-process inventories.
a.$11,500
b.$30,000
c.$24,500
d.$36,000
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