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Bridgeport Company produces a product in two departments: (1) Mixing and (2) Finishing. The company uses a process cost accounting system. Bridgeport had the following

Bridgeport Company produces a product in two departments: (1) Mixing and (2) Finishing. The company uses a process cost accounting system. Bridgeport had the following transactions during the current month: (a) Purchased materials for $43,000 on account. (b) (d) (e) (f) (h) Direct materials requisitioned for production were: Direct materials Mixing department Finishing department Incurred labor costs of $63,640. Factory labor used: $17,200 12,040 Mixing department Finishing department Manufacturing overhead is applied to the product based on machine hours used in each department: Mixing department-344 machine hours at $30 per machine hour. Finishing department-430 machine hours at $20 per machine hour. Units costing $48,160 were completed in the Mixing Department and were transferred to the Finishing Department. Units costing $60,200 were completed in the Finishing Department and were transferred to finished goods. Finished goods costing $34,400 were sold on account for $47,300. $37,840 25,800 Prepare the journal entries to record the preceding transactions for Bridgeport Company. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.)
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Bridgeport Compary produces a product in two deportments: (1) Moing and (2) Finishine The compary uses a process cost accounting system. Bridgeport had the following trandactions during the current month (a) Purchased materials for $43,000 on account. (b) Direct materlals requisitioned for production were: (e) Manufaturir soverhead is applied to the product baked on machine hours used in each department: Mixing department -344 enachirle hours at 530 per inschine hour Finshing department -430 machine hours at $20 per fajchine hour. (e) Units costine 560200 were completed in the Finlshing Departnsens and were tranderred to finished goods. (1) Finished goods costins $34,400 were fold on sccount for $47,300 Prepare the joumal enenes to recoed the preceding transactions for Bridseport company icredic occount eitier are autombtically indenited when the anount is entered De not indert manually. (Lst alf debit entries before ctedit entries)

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