Question & Answer: 454B Meetha Corporation is in the candy manufacturing business. Products go through two production departments (A first, then B). Data from th…..

The solution shows the answer for question (b) is $834.096, but I don’t know how to calculation this answer, can you help?

454B Meetha Corporation is in the candy manufacturing business. Products go through two production departments (A first, then B). Data from those departments for September 2016 are presented below. Department B Department A Beginning work Beginning work in process in Number of units % complete for materials % complete for transferred-in % complete for conversion Total materials cost Total conversion cost Total transferred-in costs 1,000 200 100% 100% 6% 3096 $24,000 $30,000 $40,000 $15,000 Ending work in process Ending work in process Number of units 300 600 100% 100% % complete for materials % complete for transferred-in % complete for conversion 30% 40% Meetha Corporation started 2,600 units of product during the month in department A. Costs incurred in department A for September 2016 totalled $64,000 for material and $132,000 for conversion. Additionally, department B incurred conversion costs in September 2016 of $600,000. Department B adds no materials to the product. Instructions (a) Journalize the transfer of goods from department A to department B during September 2016. Meetha Corporation accounts for its costs using the FIFO method. (b) Prepare a production cost report for department B for September 2016