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

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. 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.