Please help me Journalize these entries For Process Cost System: Cincinnati Soap

Question

Please help me Journalize these entries For Process Cost System:

Cincinnati Soap Company manufactures powdered detergent. Phosphate is placed in process in the Making Department, where it is turned into granules. The output of Making is transferred to the Packing Department, where the packaging is added at the beginning of the process. On July 1, Cincinnati Soap Company had the following inventories:

Departmental accounts are maintained for factory overhead, which both have zero balances on July 1.

Manufacturing operations for July are summarized as follows:

Finished Goods $5,410 Work in Process—Making 2,100 Work in Process—Packing 2,740 Materials 1,190

Explanation / Answer

Journal entries:

Description Debit Credit Raw materials inventory $67,410 To Accounts payable $67,410 Work- in - process $60,020 Manufacturing overhead $2360 To Raw materials inventory $62,380 Work- in - process $53,280 Manufacturing ovehead $17,200 To Wages payable $70,480

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