SchneiderBrot is a bread-baking company located in Aachen, Germany, near the Dutch border. The company uses a process costing system for its single product€”a popular pumpernickel bread. Schneider Brot has two processing departments€”mixing and baking. The T-accounts below show the flow of costs through the two departments in April (all amounts are in the currency euros):

Required:
Prepare journal entries showing the flow of costs through the two processing departments during

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Work in Process-Mixing Balance 4f1 Direct materials Direct labor Overhead 10,000 Transferred out 330,000 260,000 190,000 760,000 Work in Process-Baking Balance 41 Transferred in Direct labor Overhead 20,000 Transferred out 980,000 760,000 120,000 90,000