a. | General Journal | Debit | Credit |
1 | Work in Process - Refining Department | $401,600 | |
Materials | $401,600 | ||
2 | Work in Process - Refining Department | $140,600 | |
Wages payable | $140,600 | ||
3 | Work in Process - Refining Department | $92,400 | |
Factory overhead - Refining department | $92,400 | ||
b. | General Journal | Debit | Credit |
Work in Process - Shifting Department | $629,400 | ||
Work in Process - Refining Department | $629,400 | ||
($401,600 + $140,600 + $92,400 + $22,500 - $27,700) | |||
Entries for Flow of Factory Costs for Process Cost System Calculator Radford Inc, manufactures a sugar...
Entries for Flow of Factory Costs for Process Cost System Radford 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 $285,500, $99,900, and $65,700, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $16,000, and work in process at the end of the period totaled $19,700. a....
Entries for Flow of Factory Costs for Process Cost System Radford 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 $458,200, $160,400, and $105,400, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $25,700, and work in process at the end of the period totaled $31,600. a....
Entries for Flow of Factory Costs for Process Cost System Radford 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 $1,250,000, $660,000, and $975,000, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $328,000, and work in process at the end of the period totaled $295,000. a....
Entries for Flow of Factory Costs for Process Cost System Radford 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 $1,250,000, $660,000, and $975,000, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $328,000, and work in process at the end of the period totaled $295,000. a....
H3 HOMEWORK Entries for Flow of Factory Costs for Process Cost System Radford 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 $430,700, $150,700, and $99, 100, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $24,100, and work in process at the end of the...
Entries for Flow of Factory Costs for Process Cost System Radford 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 $496,900, $173,900, and $114,300, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $27,800, and work in process at the end of the period totaled $34,300....
Entries for Flow of Factory Costs for Process Cost System 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 $419,100, $146,700, and $96,400, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $23,500, and work in process at the end of the period totaled $28,900. a....
Entries for Flow of Factory Costs for Process Cost System 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 $621,500, $217,500, and $142,900, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $34,800, and work in process at the end of the period totaled $42,900. a....
Entries for Flow of Factory Costs for Process Cost System 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 $536,500, $187,800, and $123,400, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $30,000, and work in process at the end of the period totaled $37,000. a....
Entries for flow of factory costs for process cost system Instructions Chart of Accounts Journal 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 $388,000, $141,000, and $96,800, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $29,800, and work in process at the end...