Question

Do It! Review 16A-2 Kopa Company manufactures CH-21 through two processes: Mixing and Packaging. In July, the following costs were incurred. Mixing Packaging Raw materials used Factory labor costs Manufacturing overhead costs $10,000 8,000 12,000 $28,000 36,000 54,000 Units completed at a cost of $21,000 in the Mixing Department are transferred to the Packaging Department. Units completed at a cost of $106,000 in the Packaging Department are transferred to Finished Goods. Record the assignment of these costs to the two processes and the transfer of units as appropriate using the following format. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Raw Materials Inventory Manufacturing Costs Manufacturing Work in Process Overhead - Mixing Work in Process - Packaging Finished Goods Inventory Factory Labor Direct materials used $ Factory labor assigned Manufacturing overhead assigned Transfer from Mixing to Packaging Transfer from Packaging to Finished Goods Inventory

Answer 1

	raw material inventory	Factory labor	Manufacturing overhead	Work in process-mixing	Work in process-Packaging	Finished goods inventory
Direct material used	-38000			10000	28000
Factory labor	-44000			8000	36000
manufacturing overhead assigned	-66000			12000	54000
Transfer from mixing to packaging				-21000	21000
Transfer from packaging to finished goods inventory					-106000	106000