Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Can you please explain this to me, please? 5 of 5 (4 complete HW Score: 35 089 Que E5-27A (similar to) Paint My World prepares

Can you please explain this to me, please?

image text in transcribed

5 of 5 (4 complete HW Score: 35 089 Que E5-27A (similar to) Paint My World prepares and packages paint products. The company has two departments (1) Blending and (2) Packaging Direct materials are added at the beginning of the blending process (dys) and at the end of the packaging process (ransi Conversion costs are added ewanty through process. Data from the month of August for the Blending Department are as follows: Click the conto view the data from August) (Click the son lo view the assignment of costs. Read the requirements Requirement 1. Prepare the ouma entey to record the use of direct materials and direct labor and the locatior of manufacturing overbond to the landing Department Also give the journal entry to record the cost of the gulons cumpleted and transferred out to the Packaging Department Asal wages are unpaid Begin by repare the journal entry to record the costs to the Bionding Department. Record debits the credits Endude order from any oumenis) Data Table Journal Entry Date Accounts Debit Credit Gallons Beginning work in process inventory 0 Sered production 9.500 gallons Completed and transferred out to Packaging in August 6.800 gang Ercing work in process inventory (45% of the way through the blending pro 2.200 lins Casts: Deanning work process inventory Costs added on August Doc materials dos 6.240 Director 20 Manufactung von $ Total cost during Choose to any or any number in the routes and then click Check Answer Done 2 CA Check An Next MacBook Air 888 $ 3 5 6 8 7 8 9 0 E R T Y U 5 of 5 (4 complete HW Score: 35 089 Que E5-27A (similar to) Paint My World prepares and packages paint products. The company has two departments (1) Blending and (2) Packaging Direct materials are added at the beginning of the blending process (dys) and at the end of the packaging process (ransi Conversion costs are added ewanty through process. Data from the month of August for the Blending Department are as follows: Click the conto view the data from August) (Click the son lo view the assignment of costs. Read the requirements Requirement 1. Prepare the ouma entey to record the use of direct materials and direct labor and the locatior of manufacturing overbond to the landing Department Also give the journal entry to record the cost of the gulons cumpleted and transferred out to the Packaging Department Asal wages are unpaid Begin by repare the journal entry to record the costs to the Bionding Department. Record debits the credits Endude order from any oumenis) Data Table Journal Entry Date Accounts Debit Credit Gallons Beginning work in process inventory 0 Sered production 9.500 gallons Completed and transferred out to Packaging in August 6.800 gang Ercing work in process inventory (45% of the way through the blending pro 2.200 lins Casts: Deanning work process inventory Costs added on August Doc materials dos 6.240 Director 20 Manufactung von $ Total cost during Choose to any or any number in the routes and then click Check Answer Done 2 CA Check An Next MacBook Air 888 $ 3 5 6 8 7 8 9 0 E R T Y U

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions