complete each problem (journal entries and ending balances) for Job Order & Process Cost Systems

A. Candy Co. purchased material on account worth $147,000. B. Candy Co. requisitioned the following material and labor: Job No Materials 101 $19,320 102 $23, 100 103 $13,440 104 $38,200 105 $18,050 106 $18,000 For general factory use: $9,000 Factory Labor $19,500 $28,140 $14,000 $36,500 $15,540 $18,700 $20,160 C. Factory overhead incurred on account, $6,000 D. Depreciation of factory equipment, $4,100 E. The Factory Overhead rate is $40 per machine hour. The following machine hours were used: Job No Machine Hours 101 154 102 160 103 126 104 238 105 160 106 174 F. Jobs completed: 101, 102, 103, 105 G. Jobs shipped to customers were billed as follows: Job No Machine Hours 101 $62,900 102 105 $80,700 $45,500 Candy Co. makes chocolate candy bars. First, ingredients are mixed in the Mixing Department. Then they are sent to the Finishing Department to be set and wrapped. On August 1, Candy Co. had the following beginning inventory amounts: Materials: $5,100 Work in Process - Mixing: $6,790 Work in Process - Finishing: $7,350 Finished Goods - $13,500 The following happened in August: A. Materials were purchased on account for $149,800 B. Materials were requisitioned for use: a. Cocoa & Sugar - Mixing Department: $105,700 b. Wrapping - Finishing Department: $31,300 c. Indirect Materials - Mixing Department: $4,980 d. Indirect Materials - Finishing Department: $1,530 C. Labor Used: a. Direct Labor - Mixing Department: $32,400 b. Direct Labor - Finishing Department: $40,900 c. Indirect Labor - Mixing Department: $15,400 d. Indirect Labor - Finishing Department: $18,300 D. Depreciation of Equipment: a. Mixing Department: $10,700 b. Finishing Department: $7,900 E. Prepaid factory rent allocations: a. Mixing Department: $2,000 b. Finishing Department: $1,500 F. Factor Overhead Applied: a. Mixing Department: $32,570 b. Packing Department: $30,050 G. Costs transferred from Mixing to Finishing Department: $166,790 H. Costs of goods completely finished by the Finishing Department: $263,400 I. Costs of goods sold during the period $265,200