Question

Chocolaterie de Geneve, SA, is located in a French-speaking canton in Switzerland. The company makes chocolate truffles that are sold in popular embossed tins. The company has two processing departments-Cooking and Molding. In the Cooking Department, the raw ingredients for the truffles are mixed and then cooked in special candy-making vats. In the Molding Department, the melted chocolate and other ingredients from the Cooking Department are carefully poured into molds and decorative flourishes are applied by hand. After cooling, the truffles are packed for sale. The company uses a process costing system. The T-accounts below show the flow of costs through the two departments in April: 760,000 Balance 4/1 Direct materials Direct labor Overhead Work in Process-Cooking 11,000 Transferred out 329,000 258,000 191,000 Work in Process-Molding 20,000 Transferred out 760,000 118,000 94,000 980,000 Balance 4/1 Transferred in Direct labor Overhead Required: Prepare journal entries showing the flow of costs through the two processing departments during April. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list View journal entry worksheet Credit Debit 329,000 329,000 0 Record issuance of raw materials. 258,000 2 Record the direct labor incurred. 258,000 3 Record entry to apply manufacturing overhead. 4 Record the work completed in Cooking Department. 5 Record the work completed in Molding Department.

Answer 1

	Account Titles	Debit	Credit
		$	$
1	Work in Process - cooking	$3,29,000.00
	Materials Inventory		$ 3,29,000.00
	(To record direct material issued)
2	Work in Process - cooking	$2,58,000.00
	Work in Process - molding	$1,18,000.00
	Wages Payable		$ 3,76,000.00
	(To record direct labor incurred )
3	Work in Process - cooking	$1,91,000.00
	Work in Process - molding	$   94,000.00
	Factory Overhead		$ 2,85,000.00
	(To record manufacturing overhead applied)
4	Work in Process - cooking	$7,60,000.00
	Work in Process - molding		$ 7,60,000.00
	(To record transfer of goods from cooking to molding depratment
5	Finished Goods	$9,80,000.00
	Work in Process - molding		$ 9,80,000.00
	(To record molding department work completed)