1.Cost of units completed in the Cutting Department, $10,000

2.Cost of units completed in the Stamping Department, $27,000

3.Cost of units completed in the Polishing Department, $33,000

4.Sales on account, $70,000

5.Cost of goods sold is 50% of sales

Mayfield Company has a production process that involves three processes. Units move theough the processes in this order. cuting. stamping. and then polishing. The company had the following transactions in November. (Click the icon to view the transactions) Prepare the journal entries for Mayfield Company. (Record debits first, then credits. Exclude explanations from journal entries.) 1. Cost of units completed in the Cutting Department, $10.000 2. Cost of units completed in the Stamping Department, $27,000 3. Cost of units completed in the Polishing Department, $33,000