Making journal entries to record and transfer costs. Using the data from the cost of production report

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Making journal entries to record and transfer costs. Using the data from the cost of production report completed in Problem 15-4A, prepare entries in general journal form to record the costs charged to each department, the costs transferred between departments, and the costs transferred out to finished goods. Date all entries February 29. (Use the accounts Work in Process—Grinding 123 and Work in Process—Finishing 124.) Combine the amounts and accounts in entries whenever possible.

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