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Business, 16.10.2019 02:30 jmcm3771

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. what account would kota debit to record the transfer of dolls out of the molding department?

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Kota toy corporation manufactures lizard dolls in two departments, molding and assembly. in the mold...
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