e3-1 - Name Date Instructor Course rd Managerial Accounting...

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FileName: 98ef223ef98494ce7dd1fa8df30c48fb9cff93b1.xls, Tab: Exercise E3-1, Page 1 of 2, 12/28/2011, 19:01:23 Name: Date: Instructor: Course: Cooking Canning Beginning work in process $0 $4,000 Materials 14,000 6,000 Labor 8,500 7,000 Overhead 29,500 22,000 Costs transferred in 45,000 Instructions: Journalize the March transactions. 03/31/05 Account Title Amount Account Title Amount Account Title Amount 03/31/05 Account Title Amount Account Title Amount Account Title Amount 03/31/05 Account Title Amount Account Title Amount Account Title Amount 03/31/05 Account Title Amount Account Title Amount Managerial Accounting, 3 rd Edition, by Weygandt, Kieso, and Kimmel Solving Managerial Accounting Problems Using Microsoft Excel for Windows by Rex A Schildhouse Exercise E3-1, Sally Mae 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 March, the work in process accounts show the following debits:
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