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$ 35,000 $ 229,000 $ 1. Direct materials used in the Packaging Department.... 2. Costs assigned to units completed and transferred out of Mixing 3.
$ 35,000 $ 229,000 $ 1. Direct materials used in the Packaging Department.... 2. Costs assigned to units completed and transferred out of Mixing 3. Direct labor incurred in the Mixing Department... 4. Beginning balance: Work in Process InventoryBaking... 5. Manufactured overhead allocated to the Baking Department. 6. Beginning balance: Finished Goods..... 7. Costs assigned to units completed and transferred out of Baking 8. Beginning balance: Work in Process InventoryMixing. 9. Direct labor incurred in the Packaging Department.... 10. Manufacturing overhead allocated to the Mixing Department. 11. Direct materials used in the Mixing Department.. 12. Beginning balance: Raw Materials Inventory....... 13. Costs assigned to units completed and transferred out of Packaging 14. Beginning balance: Work in Process Inventory-Packaging 15. Purchases of Raw Materials. ... 16. Direct labor incurred in the Baking Department... 17. Manufacturing overhead allocated to the Packaging Department 11,200 $ 15,200 $ 74,000 $ 4,200 $ 300,000 $ 12,000 $ 8,000 $ 69,000 $ 153,000 $ $ $ 23,500 387,000 8,800 175,000 4,800 49,000 S ca $ German Bakery mass-produces bread using three sequential processing departments: Mixing, Baking, and Packaging. The following transactions occurred during April: (Click the icon to view the transactions.) Requirements 1. Post each of these transactions to the company's inventory T-accounts. 2. Determine the balance at month-end in each of the inventory accounts. 3. Assume that 3,125,000 loaves of bread were completed and transferred out of the Packaging Department during the month. What was the cost per unit of making each loaf of bread (from start to finish)? 14. Beginning balance: Work in Process Inventory-Packaging WIP-Packaging Dept. 15. Purchases of Raw Materials Raw Materials Inventory 16. Direct labor incurred in the Baking Department WIPBaking Dept. 17. Manufacturing overhead allocated to the Packaging Department WIP-Packaging Dept. Finished Goods 18. Cost of goods sold Inventory Requirements 1 and 2. Post the transactions to the T-accounts and determine the ending balance. Begin with the T-account for Raw Materials Inventory. Enter the transactions that affect the T-account and calculate the ending balance. Beginning balance Direct materials purchased Raw Materials Inventory 23,500 175,000 Direct materials used in Mixing 153,000 Ending balance 45500 $ 35,000 $ 229,000 $ 1. Direct materials used in the Packaging Department.... 2. Costs assigned to units completed and transferred out of Mixing 3. Direct labor incurred in the Mixing Department... 4. Beginning balance: Work in Process InventoryBaking... 5. Manufactured overhead allocated to the Baking Department. 6. Beginning balance: Finished Goods..... 7. Costs assigned to units completed and transferred out of Baking 8. Beginning balance: Work in Process InventoryMixing. 9. Direct labor incurred in the Packaging Department.... 10. Manufacturing overhead allocated to the Mixing Department. 11. Direct materials used in the Mixing Department.. 12. Beginning balance: Raw Materials Inventory....... 13. Costs assigned to units completed and transferred out of Packaging 14. Beginning balance: Work in Process Inventory-Packaging 15. Purchases of Raw Materials. ... 16. Direct labor incurred in the Baking Department... 17. Manufacturing overhead allocated to the Packaging Department 11,200 $ 15,200 $ 74,000 $ 4,200 $ 300,000 $ 12,000 $ 8,000 $ 69,000 $ 153,000 $ $ $ 23,500 387,000 8,800 175,000 4,800 49,000 S ca $ German Bakery mass-produces bread using three sequential processing departments: Mixing, Baking, and Packaging. The following transactions occurred during April: (Click the icon to view the transactions.) Requirements 1. Post each of these transactions to the company's inventory T-accounts. 2. Determine the balance at month-end in each of the inventory accounts. 3. Assume that 3,125,000 loaves of bread were completed and transferred out of the Packaging Department during the month. What was the cost per unit of making each loaf of bread (from start to finish)? 14. Beginning balance: Work in Process Inventory-Packaging WIP-Packaging Dept. 15. Purchases of Raw Materials Raw Materials Inventory 16. Direct labor incurred in the Baking Department WIPBaking Dept. 17. Manufacturing overhead allocated to the Packaging Department WIP-Packaging Dept. Finished Goods 18. Cost of goods sold Inventory Requirements 1 and 2. Post the transactions to the T-accounts and determine the ending balance. Begin with the T-account for Raw Materials Inventory. Enter the transactions that affect the T-account and calculate the ending balance. Beginning balance Direct materials purchased Raw Materials Inventory 23,500 175,000 Direct materials used in Mixing 153,000 Ending balance 45500
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