Journalize Show calculations please of A a sugar product by a continuous process
ID: 2514146 • Letter: J
Question
Journalize Show calculations pleaseof A a sugar product by a continuous process, involving three production departments-Refining. Sifting. and Packing. Assume that records indicate that overhead for the first department, Retining, were $400,000, $150,000, and $100,000, respectively. Also, work in process in the Refining production departments Department at the beginning of the period totaled $40,000, and work in process at the end of Required: a. (1) On September 30, journalize the entry to record the now of costs into the Refining Department duning the period for direct materials (2) On September 30, joumalize the entry to record the flow of costs into the Refining Department during the period for direct labor 3) On September 30, journalize the entry to record the flow of costs into the Refining Department durning the period for factory overhead. Next
Explanation / Answer
Answer
Work in progress –Refining Account
Date Particulars Dr Cr (A) 1. Work in Progress- Refining 400000 Materials 400000 2. Work in Progress- Refining 150000 Wages Payable 150000 3. Work in Progress- Refining 100000 Factory Overhead-Refining 100000 (B) Work in progress-sifting 655000 Work in progress –Refining 655000Related Questions
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