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Best val. mass-produces bread using three sequential processing departments: Mixing, Baking, and Packaging. The following transactions occurred during april Best Value Bakery mass-produces bread using

image text in transcribedimage text in transcribedBest val. mass-produces bread using three sequential processing departments: Mixing, Baking, and Packaging. The following transactions occurred during april

Best Value 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 3,175,000 loaves of bread were completed and transferred out of the Packaging Department during the month. What, Raw Materials Inventory Data Table 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 Mibxing Department 4 Beginning balance: Work in Process Inventory Baking 5. Manufacturing 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 Inventory-Mixing 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 18. Cost of goods sold S 33,000 $ 222,000 11,000 S 15,200 $ 77,000 4,000 S 305,000 S 12,800 8,700 $ 69,000 $ 151,000 S 23,200 S 388,000 8,200 S 176,000 4,700 S 49,000 S 389,000 Now enter the transactions that affect the T-account for Work in Process I g Department and calculate the ending balance Work in Process Inventory-Mixing Department Next, enter the transactions that affect the T-account for Work in Process Inventory-Baking Department and calculate the ending b Work in Process Inventory-Baking Department Now enter the transactions that affect the T-account for Work in Process Inventory-Packaging Department and calculate the ending balaNo direct materials were used by the Now enter the transactons that afect the T-account for Work in Process Inventory-Packaging Department and calculate the ending balance. o er the transactions thet a Work in Process Inventory Packaging Department inally, antor the transactions that affact the T-account for Finishad Goads Invantory and calculate the anding balanca Finished Goods Inventory Requirement 3 Assume tha 3 1 75 000 oaves o bread were completed and ransferred out of the Packaging Department dur ng the month. Select he urmula labels and then compute he cost per unit of making each loaf of bread from starfi bread were completed and tr out of the Packaging Department during the compute the cost per unit of makof bread o firish) h Round you answer o b u decrnal p o tdecimal places) ces Cost per unit

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