Question
Arizona Brick Corporation produces bricks in two processing departmentsMolding and Firing. Information relating to the company's operations in March follows: a. Raw materials were issued
Arizona Brick Corporation produces bricks in two processing departmentsMolding and Firing. Information relating to the company's operations in March follows: |
a. | Raw materials were issued for use in production: Molding Department, $29,800; and Firing Department, $5,900. |
b. | Direct labor costs were incurred: Molding Department, $19,400; and Firing Department, $4,900. |
c. | Manufacturing overhead was applied: Molding Department, $25,900; and Firing Department, $38,900. |
d. | Unfired, molded bricks were transferred from the Molding Department to the Firing Department. According to the company's process costing system, the cost of the unfired, molded bricks was $68,700. |
e. | Finished bricks were transferred from the Firing Department to the finished goods warehouse. According to the company's process costing system, the cost of the finished bricks was $108,000. |
f. | Finished bricks were sold to customers. According to the company's process costing system, the cost of the finished bricks sold was $104,000. |
Required: |
Prepare journal entries to record items (a) through (f) above. |
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