Question 1 Mixing Packaging Account Titles and Explanation Debit Credit (To reco
ID: 2523420 • Letter: Q
Question
Question 1
Mixing
Packaging
Account Titles and Explanation
Debit
Credit
(To record materials used)
(To assign factory labor to production)
(To assign overhead to production)
(To record transfer of units to the Packaging Department)
(To record transfer of units to finished goods)
Question 1
Kopa Company manufactures CH-21 through two processes: Mixing and Packaging. In July, the following costs were incurred.Mixing
Packaging
Raw materials used $10,600 $28,600 Factory labor costs 7,000 35,200 Manufacturing overhead costs 12,900 53,300Units completed at a cost of $21,400 in the Mixing Department are transferred to the Packaging Department. Units completed at a cost of $105,700 in the Packaging Department are transferred to Finished Goods.
Journalize the assignment of these costs to the two processes and the transfer of units as appropriate. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Account Titles and Explanation
Debit
Credit
(To record materials used)
(To assign factory labor to production)
(To assign overhead to production)
(To record transfer of units to the Packaging Department)
(To record transfer of units to finished goods)
Explanation / Answer
Particular
Debit
Credit
Work in process - Mixing Dr
$ 10,600.00
Work in process - packaging Dr
$ 28,600.00
Raw material inventory Cr
$ 39,200.00
Work in process - Mixing Dr
$ 7,000.00
Work in process - packaging Dr
$ 35,200.00
Factory labor Cr
$ 42,200.00
Work in process - Mixing Dr
$ 12,900.00
Work in process - packaging Dr
$ 53,300.00
Manufacturing OH
$ 66,200.00
Work in process - packaging Dr
$ 21,400.00
Work in process - Mixing Cr
$ 21,400.00
Finished goods inventory
$ 1,05,700.00
Work in progress Cr
$ 1,05,700.00
Particular
Debit
Credit
Work in process - Mixing Dr
$ 10,600.00
Work in process - packaging Dr
$ 28,600.00
Raw material inventory Cr
$ 39,200.00
Work in process - Mixing Dr
$ 7,000.00
Work in process - packaging Dr
$ 35,200.00
Factory labor Cr
$ 42,200.00
Work in process - Mixing Dr
$ 12,900.00
Work in process - packaging Dr
$ 53,300.00
Manufacturing OH
$ 66,200.00
Work in process - packaging Dr
$ 21,400.00
Work in process - Mixing Cr
$ 21,400.00
Finished goods inventory
$ 1,05,700.00
Work in progress Cr
$ 1,05,700.00
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