Managerial Accounting: Tools for Business Decision Making 7e + WileyPLUS Registration Card
7th Edition
ISBN: 9781119036432
Author: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Publisher: Wiley (WileyPLUS Products)
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Textbook Question
Chapter 3, Problem 3.2E
Journalize transactions. (LO 2), AP
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 | Canning | |
Beginning work in process | $ -0- | $ 4,000 |
Materials | 21,000 | 9,000 |
Labor | 8,500 | 7,000 |
Overhead | 31,500 | 25,800 |
Costs transferred in | 53,000 |
Instructions
Journalize the April transactions.
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Blossom 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 inventory accounts
show the following debits.
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$0
$4,960
Direct materials
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8,680
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Journalize the April transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is
entered. Do not indent manually.)
Accounting Question
Blossom 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 inventory accounts show
the following debits
Cooking
Canning
Beginning work in process
$4,960
Direct materials
26.040
11,160
Direct labor
10,540
8,680
Manufacturing overhead
39,060
32,080
Costs transferred in
65,720
Journalize the April transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is
entered. Do not indent manually.)
Date
Account Titles and Explanation
Debit
Credit
Chapter 3 Solutions
Managerial Accounting: Tools for Business Decision Making 7e + WileyPLUS Registration Card
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