Kyle,Inc. ,instituted a new process in October.During October,18,000 units were started in Department A.Of the units started,2,000 were lost in the process,12,000 were transferred to Department B,and 4,000 remained in work in process at October 31.The work in process at October 31 was 100 percent complete as to material costs and 15% complete as to conversion costs.Material costs of $78,400 and conversion costs of $52,920 were charged to Department A in October.What were the total costs transferred to Department B and assigned to ending work in process using the average cost method?

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The Answer of Kyle,Inc. ,instituted a new process in October.During October,18,000 units were started in Department A.Of the units started,2,000 were lost in the process,12,000 were transferred to Department B,and 4,000 remained in work in process at October 31.The work in process at October 31 was 100 percent complete as to material costs and 15% complete as to conversion costs.Material costs of $78,400 and conversion costs of $52,920 were charged to Department A in October.What were the total costs transferred to Department B and assigned to ending work in process using the average cost method?

Kyle,Inc ,Instituted a New Process in October