Computing equivalent production; preparing a cost of production report for three departments; making journal entries. The departmental supervisors of James Manufacturing, Inc., have submitted the monthly production reports for September 19X3. These reports have been summarized and the result is shown below.

The schedule of monthly overhead charges from the worksheet for prorating the costs of the General Factory Department to the producing departments shows the following figures:

Instructions 1. Prepare the equivalent production computations for each department.
2. Prepare the cost of production report for each department. Round off to three decimal places when calculating unit costs.
3.

a. Prepare the general journal voucher to record the transfer of goods from the Shaping Department to the Painting Department. Number the voucher 9-13.

b. Prepare the general journal voucher to record the transfer of goods from the Painting Department to the Finishing Department. Number the voucher 9-14.

c. Prepare the general journal voucher to record the completion of goods and the transfer to Finished Goods. Number the voucher 9-15.

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Quantity Started in Production-Current Month Transferred In From Prior Department Shaping Finishing Painting Department Department Department 1,800 -0- -0- -0- 1,600 1,400 Transferred Out to Next Department 1,600 1,400 -0- Transferred Out to Finished Goods -0- -0- 1,275 Work in Process-Ending 200 200 125 Stage of Completion of Ending Work in Process Materials Labor Overhead complete complete 66% 50% 75% 66% 50% 75% 66% The materials requisition journal shows issues of raw materials as follows: Distribution Amount Shaping Department $8,400 Painting Department 4,200 Finishing Department 1,600 The monthly payroll register shows the following totals: Distribution Amount Shaping Department $4,625 Painting Department 3,650 Finishing Department 2,580