norma~ full eosling and journal entries Return again to the Simple Manufaeturing Company problem above, where normal, full eosting is used. Suppase all events as described in the originaI problem oceurred, except some of the units were unfinished at the end of the accounting period. Suppose 80% of the direct material and 75% of the direet labor charges are associated with units that were in faet eompleted and transferred to finished goods.

The remaining units eontinue to reside in work in process. Repeat the various journal entries required in the originaI problem.

AppendixLO1