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complete organized clear answer plese, do the 6 requirements Quality Brick Company produces bricks in two processing departments --Molding and Firing. Information relating to the
complete organized clear answer plese, do the 6 requirements
Quality Brick Company produces bricks in two processing departments --Molding and Firing. Information relating to the company's operations in March follows: 2. Raw materials used in production Molding Department, $26,600; and Firing Department, $5,100 b. Direct labor costs incurred: Molding Department $16,000; and Firing Department. $4,400 c Manufacturing overhead was applied Molding Department. $23,200, and Firing Department. $39,300 d. Unfired, molded bricks were transferred from the Molding Department to the Firing Department According to the company's process costing system, the cost of the unfired, molded bricks was $69,400 e Finished bricks were transferred from the Firing Department to the finished goods warehouse. According to the company's process costing system, the cost of the finished bricks was $107,800 1. Finished bricks were sold to customers. According to the company's process costing system, the cost of the finished bricks sold was $104,400 Required: Prepare journal entries to record items (a) through (1) above. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Required: Prepare journal entries to record items (a) through m above. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction to Journal entry worksheet View transaction list Journal entry worksheet 1 2 3 4 5 6 > Record issuance of raw materials for use in production Note: Enter debits before credits Transaction General Journal Debit Credit a View transaction list Journal entry worksheet Record cost of goods sold. Note: Enter debits before credits General Journal Debit Credit Transaction f Step by Step Solution
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