Ultima Tarea

Ultima Tarea - 1 Prepare Journal Entries Account Title a To...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
1. Prepare Journal Entries Account Title Debit Credit a. To record materials put into production: Work in Process—Mixing Department. ............................. $1,037,300 Work in Process—Baking Department. .............................. $240,000 Raw Materials Inventory. ........................................... $1,277,300 b. To record direct labor costs incurred: Work in Process—Mixing. ................................................. $157,000 Work in Process—Baking. .................................................. $38,000 Wages Payable. .......................................................... $195,000 c. To record manufacturing overhead incurred: Manufacturing Overhead. ................................................... $400,000 Accounts Payable. ...................................................... $400,000 d. To record application of manufacturing overhead: Work in Process—Mixing Department. ............................. $325,000 Work in Process—Baking Department. .............................. $77,000 Manufacturing Overhead. .......................................... $402,000 e. To record transfer of bread from the Mixing Department to the baking Department: Work in Process—Baking Department. .............................. $1,503,000 Work in Process—Mixing Department. .................... $1503,000
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 09/30/2009 for the course ACC 221 taught by Professor Tribunella during the Spring '08 term at Rochester.

Page1 / 4

Ultima Tarea - 1 Prepare Journal Entries Account Title a To...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online