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Arizona Brick Corporation produces bricks in two processing departments-Moulding 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 departments-Moulding and Firing. Information relating to the company's operations in March follows: a. Raw materials were issued for use in production: Moulding Department, $33,250; Firing Department, $5,100. b. Direct labour costs were incurred: Moulding Department, $24,900; Firing Department, $5,950. c. Manufacturing overhead was applied: Moulding Department, $45,000; Firing Department, $42,250. d. Unfired, moulded bricks were transferred from the Moulding Department to the Firing Department. According to the company's process costing system, the cost of the unfired, moulded bricks was $98,700. 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 $145,400. f. Finished bricks were sold to customers. According to the company's process costing system, the cost of the finished bricks sold was $143,300. Required: Prepare journal entries to record items (a) through (f) above. View transaction list Journal entry worksheet Raw materials were issued for use in production: Moulding Department, $33,250; Firing Department, $5,100. Note: Enter debits before credits. Transaction General Journal Debit Credit a Record entry Clear entry View general journal
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