Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

C TryFit Co. uses process costing to x C Middle Co. uses process costing X 5 FUT Web App - EA SPORTS Officia x Sign

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
C TryFit Co. uses process costing to x C Middle Co. uses process costing X 5 FUT Web App - EA SPORTS Officia x Sign in to Outlook X Question 12 - Ch. 3 Homework - x + X C a https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/qu... @ Update : Ch. 3 Homework Saved Help Save & Exit Submit Check my work 12 Mesa Corriparly produces wooden rocking trials. Ine comiparly fias two production uepartners, CutIng anlu Assembly. Ine wood IS cut and sanded in Cutting and then transferred to Assembly to be assembled and painted. From Assembly, the chairs are transferred to Finished Goods Inventory and then are sold. Mesa has compiled the following Information for the month of February: 4.24 points Cutting Assembly Department Department Direct Materials Used in Production $ 66, 008 Direct Labor Used in Production (not yet paid) 56, 080 99, Bee Applied manufacturing overhead 149, 080 167, eee Book Cost of goods completed and transferred out 215, 608 255, Bee Required: Hint Prepare the following Journal entries for Mesa: 1. Amount of Direct Materials Used in Production, Direct Labor Used in Production, and manufacturing overhead incurred for the Print Cutting Department. 2. Transfer of products from Cutting to Assembly. B. Amount of Direct Materials Used In Production, Direct Labor Used in Production, and manufacturing overhead incurred by the In Assembly Department. References 4. Transfer of chairs from Assembly to Finished Goods. (If no entry Is required for a transaction/event, select "No Journal Entry Required" In the first account field.) View transaction list Journal entry worksheet C TryFit Co. uses process costing to x C Middle Co. uses process costing X 5 FUT Web App - EA SPORTS Officia x Sign in to Outlook X Question 12 - Ch. 3 Homework - x + X C a https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/qu... @ Update : Ch. 3 Homework Saved Help Save & Exit Submit Check my work 12 Mesa Corriparly produces wooden rocking trials. Ine comiparly fias two production uepartners, CutIng anlu Assembly. Ine wood IS cut and sanded in Cutting and then transferred to Assembly to be assembled and painted. From Assembly, the chairs are transferred to Finished Goods Inventory and then are sold. Mesa has compiled the following Information for the month of February: 4.24 points Cutting Assembly Department Department Direct Materials Used in Production $ 66, 008 Direct Labor Used in Production (not yet paid) 56, 080 99, Bee Applied manufacturing overhead 149, 080 167, eee Book Cost of goods completed and transferred out 215, 608 255, Bee Required: Hint Prepare the following Journal entries for Mesa: 1. Amount of Direct Materials Used in Production, Direct Labor Used in Production, and manufacturing overhead incurred for the Print Cutting Department. 2. Transfer of products from Cutting to Assembly. B. Amount of Direct Materials Used in Production, Direct Labor Used in Production, and manufacturing overhead incurred by the In Assembly Department. References 4. Transfer of chairs from Assembly to Finished Goods. (If no entry Is required for a transaction/event, select "No Journal Entry Required" In the first account field.) View transaction list Journal entry worksheet C TryFit Co. uses process costing to x C Middle Co. uses process costing X 5 FUT Web App - EA SPORTS Officia x Sign in to Outlook X Question 12 - Ch. 3 Homework - x + X C a https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/qu... @ Update : Ch. 3 Homework Saved Help Save & Exit Submit Check my work 12 Mesa Corriparly produces wooden rocking trials. Ine comiparly fias two production uepartners, CutIng anlu Assembly. Ine wood IS cut and sanded in Cutting and then transferred to Assembly to be assembled and painted. From Assembly, the chairs are transferred to Finished Goods Inventory and then are sold. Mesa has compiled the following Information for the month of February: 4.24 points Cutting Assembly Department Department Direct Materials Used in Production $ 66, 008 Direct Labor Used in Production (not yet paid) 56, 080 99, Bee Applied manufacturing overhead 149, 080 167, eee Book Cost of goods completed and transferred out 215, 608 255, Bee Required: Hint Prepare the following Journal entries for Mesa: 1. Amount of Direct Materials Used in Production, Direct Labor Used in Production, and manufacturing overhead incurred for the Print Cutting Department. 2. Transfer of products from Cutting to Assembly. B. Amount of Direct Materials Used In Production, Direct Labor Used in Production, and manufacturing overhead incurred by the In Assembly Department. References 4. Transfer of chairs from Assembly to Finished Goods. (If no entry Is required for a transaction/event, select "No Journal Entry Required" In the first account field.) View transaction list Journal entry worksheet C TryFit Co. uses process costing to x C Middle Co. uses process costing X 5 FUT Web App - EA SPORTS Officia x Sign in to Outlook X Question 12 - Ch. 3 Homework - x + X C a https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/qu... @ Update : Ch. 3 Homework Saved Help Save & Exit Submit Check my work 12 Mesa Corriparly produces wooden rocking trials. Ine comiparly fias two production uepartners, CutIng anlu Assembly. Ine wood IS cut and sanded in Cutting and then transferred to Assembly to be assembled and painted. From Assembly, the chairs are transferred to Finished Goods Inventory and then are sold. Mesa has compiled the following Information for the month of February: 4.24 points Cutting Assembly Department Department Direct Materials Used in Production $ 66, 008 Direct Labor Used in Production (not yet paid) 56, 080 99, Bee Applied manufacturing overhead 149, 080 167, eee Book Cost of goods completed and transferred out 215, 608 255, Bee Required: Hint Prepare the following Journal entries for Mesa: 1. Amount of Direct Materials Used in Production, Direct Labor Used in Production, and manufacturing overhead incurred for the Print Cutting Department. 2. Transfer of products from Cutting to Assembly. B. Amount of Direct Materials Used In Production, Direct Labor Used in Production, and manufacturing overhead incurred by the In Assembly Department. References 4. Transfer of chairs from Assembly to Finished Goods. (If no entry Is required for a transaction/event, select "No Journal Entry Required" In the first account field.) View transaction list Journal entry worksheet C TryFit Co. uses process costing to x C Middle Co. uses process costing X 5 FUT Web App - EA SPORTS Officia x Sign in to Outlook X Question 12 - Ch. 3 Homework - x + X C a https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/qu... @ Update : Ch. 3 Homework Saved Help Save & Exit Submit Check my work 12 Mesa Corriparly produces wooden rocking trials. Ine comiparly fias two production uepartners, CutIng anlu Assembly. Ine wood IS cut and sanded in Cutting and then transferred to Assembly to be assembled and painted. From Assembly, the chairs are transferred to Finished Goods Inventory and then are sold. Mesa has compiled the following Information for the month of February: 4.24 points Cutting Assembly Department Department Direct Materials Used in Production $ 66, 008 Direct Labor Used in Production (not yet paid) 56, 080 99, Bee Applied manufacturing overhead 149, 080 167, eee Book Cost of goods completed and transferred out 215, 608 255, Bee Required: Hint Prepare the following Journal entries for Mesa: 1. Amount of Direct Materials Used in Production, Direct Labor Used in Production, and manufacturing overhead incurred for the Print Cutting Department. 2. Transfer of products from Cutting to Assembly. B. Amount of Direct Materials Used In Production, Direct Labor Used in Production, and manufacturing overhead incurred by the In Assembly Department. References 4. Transfer of chairs from Assembly to Finished Goods. (If no entry Is required for a transaction/event, select "No Journal Entry Required" In the first account field.) View transaction list Journal entry worksheet C TryFit Co. uses process costing to x C Middle Co. uses process costing X 5 FUT Web App - EA SPORTS Officia x Sign in to Outlook X Question 12 - Ch. 3 Homework - x + X C a https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/qu... @ Update : Ch. 3 Homework Saved Help Save & Exit Submit Check my work 12 Mesa Corriparly produces wooden rocking trials. Ine comiparly fias two production uepartners, CutIng anlu Assembly. Ine wood IS cut and sanded in Cutting and then transferred to Assembly to be assembled and painted. From Assembly, the chairs are transferred to Finished Goods Inventory and then are sold. Mesa has compiled the following Information for the month of February: 4.24 points Cutting Assembly Department Department Direct Materials Used in Production $ 66, 008 Direct Labor Used in Production (not yet paid) 56, 080 99, Bee Applied manufacturing overhead 149, 080 167, eee Book Cost of goods completed and transferred out 215, 608 255, Bee Required: Hint Prepare the following Journal entries for Mesa: 1. Amount of Direct Materials Used in Production, Direct Labor Used in Production, and manufacturing overhead incurred for the Print Cutting Department. 2. Transfer of products from Cutting to Assembly. B. Amount of Direct Materials Used in Production, Direct Labor Used in Production, and manufacturing overhead incurred by the In Assembly Department. References 4. Transfer of chairs from Assembly to Finished Goods. (If no entry Is required for a transaction/event, select "No Journal Entry Required" In the first account field.) View transaction list Journal entry worksheet C TryFit Co. uses process costing to x C Middle Co. uses process costing X 5 FUT Web App - EA SPORTS Officia x Sign in to Outlook X Question 12 - Ch. 3 Homework - x + X C a https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/qu... @ Update : Ch. 3 Homework Saved Help Save & Exit Submit Check my work 12 Mesa Corriparly produces wooden rocking trials. Ine comiparly fias two production uepartners, CutIng anlu Assembly. Ine wood IS cut and sanded in Cutting and then transferred to Assembly to be assembled and painted. From Assembly, the chairs are transferred to Finished Goods Inventory and then are sold. Mesa has compiled the following Information for the month of February: 4.24 points Cutting Assembly Department Department Direct Materials Used in Production $ 66, 008 Direct Labor Used in Production (not yet paid) 56, 080 99, Bee Applied manufacturing overhead 149, 080 167, eee Book Cost of goods completed and transferred out 215, 608 255, Bee Required: Hint Prepare the following Journal entries for Mesa: 1. Amount of Direct Materials Used in Production, Direct Labor Used in Production, and manufacturing overhead incurred for the Print Cutting Department. 2. Transfer of products from Cutting to Assembly. B. Amount of Direct Materials Used in Production, Direct Labor Used in Production, and manufacturing overhead incurred by the In Assembly Department. References 4. Transfer of chairs from Assembly to Finished Goods. (If no entry Is required for a transaction/event, select "No Journal Entry Required" In the first account field.) View transaction list Journal entry worksheet C TryFit Co. uses process costing to x C Middle Co. uses process costing X 5 FUT Web App - EA SPORTS Officia x Sign in to Outlook X Question 12 - Ch. 3 Homework - x + X C a https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/qu... @ Update : Ch. 3 Homework Saved Help Save & Exit Submit Check my work 12 Mesa Corriparly produces wooden rocking trials. Ine comiparly fias two production uepartners, CutIng anlu Assembly. Ine wood IS cut and sanded in Cutting and then transferred to Assembly to be assembled and painted. From Assembly, the chairs are transferred to Finished Goods Inventory and then are sold. Mesa has compiled the following Information for the month of February: 4.24 points Cutting Assembly Department Department Direct Materials Used in Production $ 66, 008 Direct Labor Used in Production (not yet paid) 56, 080 99, Bee Applied manufacturing overhead 149, 080 167, eee Book Cost of goods completed and transferred out 215, 608 255, Bee Required: Hint Prepare the following Journal entries for Mesa: 1. Amount of Direct Materials Used in Production, Direct Labor Used in Production, and manufacturing overhead incurred for the Print Cutting Department. 2. Transfer of products from Cutting to Assembly. B. Amount of Direct Materials Used in Production, Direct Labor Used in Production, and manufacturing overhead incurred by the In Assembly Department. References 4. Transfer of chairs from Assembly to Finished Goods. (If no entry Is required for a transaction/event, select "No Journal Entry Required" In the first account field.) View transaction list Journal entry worksheet 2 3 4 5 6 7 8 Record the transfer of work in process inventory from Assembly to Finished Goods Inventory. Note: Enter debits before credits. Transcation General Journal Debit Credit h Record entry Clear entry View general journal Gra

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Davis, Charles E., Elizabeth

1st Edition

0471699608, 978-0471699606

More Books

Students also viewed these Accounting questions

Question

Peoples understanding of what is being said

Answered: 1 week ago

Question

The quality of the proposed ideas

Answered: 1 week ago