Preparing Journal Entries for Weighted Average Process Costing System
Refer to the information in PA3-3 for Seemore Company.
Required:
Prepare Seemore’s journal entries to record each of the following transactions.
(a) Added direct materials to production during March.
(b) Applied conversion cost during March.
(c) Transferred costs of completed units to Finished Goods Inventory.
(d) Sold units costing $650,000 for $1,000,000.
(e) Recorded $329,000 of actual conversion cost.
(f) Disposed of the ending balance in the Conversion Cost account.
We need at least 10 more requests to produce the solution.
0 / 10 have requested this problem solution
The more requests, the faster the answer.