Question

Harrelson Company manufactures pizza sauce through two production departments: Cooking and Canning. In each process, materials and conversion costs are incurred evenly throughout the process. For the month of April, the work in process accounts show the following debits. Cooking $0 Beginning work in process Materials Canning $4,460 10.800 7,600 27,300 24,300 8,970 33,200 Labor Overhead Costs transferred in 54,500

Answer 1

Credit Date Account Titles and Explanations Apr-30 Work in Process-Cooking Work in Process-Canning Raw Materials Inventory ($24,300 + $10,800) (To record materials used) Debit $ 24,300 $ 10,800 $ 35,100 $ 8,970 $ 7,600 Apr-30 Work in Process-Cooking Work in Process-Canning Factory Labor ($8,970 + $7,600) (To assign factory labor to production) $ 16,570 $ 33,200 $ 27,300 Apr-30 Work in Process-Cooking Work in Process-Canning Factory Overhead ($33,200 + $27,300) (To assign overhead to production) $ 60,500 $ 54,500 Apr-30 Work in Process-Canning Work in Process-Cooking (To record costs transferred in) $ 54,500