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Best Friends Bakery mass - produces bread using three sequential processing departments: Mixing, Baking, and Packaging. The following transactions occurred during April:Best Friends Bakery mass
Best Friends Bakery massproduces bread using three sequential processing departments: Mixing, Baking, and Packaging. The following transactions occurred during April:Best Friends Bakery massproduces bread using three sequential processing departments: Mixing, Baking, and Packaging. The following transactions occurred during April:
Click the icon to view the transactions.
Requirements
Post each of these transactions to the company's inventory Taccounts.
Determine the balance at monthend in each of the inventory accounts.
Now enter the transactions that affect the Taccount for Work in Process InventoryMixing Department and calculate the ending balance.
Work in Process InventoryMixing Department
Next, enter the transactions that affect the Taccount for Work in Process InventoryBaking Department and calculate the ending balance.
Work in Process InventoryBaking Department
Now enter the transactions that affect the Taccount for Work in Process InventoryPackaging Department and calculate the ending balance.
Work in Process InventoryPackaging Department
Finally, enter the transactions that affect the Taccount for Finished Goods Inventory and calculate the ending balance.
Finished Goods Inventory
Data table
decimal places.
Click the icon to view the transactions.
Requirements
Post each of these transactions to the company's inventory Taccounts.
Determine the balance at monthend in each of the inventory accounts.
Now enter the transactions that affect the Taccount for Work in Process InventoryMixing Department and calculate the ending balance.
Work in Process InventoryMixing Department
Next, enter the transactions that affect the Taccount for Work in Process InventoryBaking Department and calculate the ending balance.
Work in Process InventoryBaking Department
Now enter the transactions that affect the Taccount for Work in Process InventoryPackaging Department and calculate the ending balance.
Work in Process InventoryPackaging Department
Finally, enter the transactions that affect the Taccount for Finished Goods Inventory and calculate the ending balance.
Finished Goods Inventory
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