Question

Instructions Sweeties, Inc., manufactures a sugar product by a continuous process, involving three production departments-Refining, Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, Refining, were $386,000, $145,000, and $98,800, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $29,600, and work in process at the end of the period totaled $28,400.

Answer 1

Solution $29,600 Cost in beginning work in process in Refining Department Add: Current period cost Direct materials Direct labor Applied Factory Overhead $386,000 $145,000 $98,800 $629,800 Total cost to account for $659,400 Less: Cost in Ending work in process in Refining Department Transfer of production costs to the Sifting Department ($28,400) $631,000 Required a.: Credit Date September 30 General Journal Debit 141 - Work in Process-Refining $386,000 131 - Materials | (To record direct material cost in Refining department) $386,000 Credit Date September 30 General Journal 141 - Work in Process-Refining 520 - Wages Expense (To record direct labor cost in Refining department) Debit $145,000 $145,000 Credit Date September 30 General Journal Debit 141 - Work in Process-Refining I $98,800 | 151 - Factory Overhead - Refining (To record applied factory overhead cost in Refining department) $98,800 Required b.: Credit Date September 30 General Journal Debit 142 - Work in Process-Sifting $631,000 141 - Work in Process-Refining (To reocrd transfer of production cost to the Sifting Department) $631,000