Question

bh the cost of materials between the two months. Wo O IS and 650 tons, respectively. Exercises REAL WORLD EX 17-1 Entries for materials cost flows in a process cost system Obj. 1,3 The Hershey Company manufact osney Company manufactures chocolate confectionery products. The three largest raw materials are cocoa, sugar, and dehydrated milk. These raw materials first go into the Blending Department. The blended product is then sent to the Mon the bars of candy are formed. The candy is then sent to the Packing Department, where the bars are wrapped and boxed. The boxed candy is then sent to the distribution center, where it is eventually sold to food brokers and retailers. (Continued)

Answer 1

Date	Particulars	Debit ($)	Credit ($)
a.	Work in process- Blending department	X
	Cocoa		X
	Sugar		X
	Dehydrated milk		X
	(To record the materials used by blending department)
b.	Work in process- Molding department	X
	Work in process- Blending department		X
	(To record transfer of products to molding department)
c.	Work in process- Packing department	X
	Work in process- Molding department		X
	(To record transfer of chocolate to packing department)
d.	Finished goods	X
	Work in process- Packing department		X
	(To record transfer of finished goods to packing department)
e.	Cost of goods sold	X
	Finished goods		X
	(To record sale of boxed chocolate)

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