Cost Flows Through Journal Entries The Mixing Department performs a series of processes in which a fluid chemical is concentrated. Records indicate that the Mixing Department has been charged with $100,000 of direct labor costs. The manufacturing overhead rate is 170% of direct labor costs. Beginning work in process was $340,000, and ending work in process totaled $72,000. One half of this period's completed products is sold on account at a price equal to 1 50% of its cost. Prepare journal entries to record (1) various costs charged to the Mixing Department this period, (2) transfer of this period's completed product, and (3) sale of one-half of this period's production. General Journal Ref Description Debit Credit (1) Work in process-Mixing Department 100,000 Wages payable 0 To record direct labor costs. To record manufacturing overhead. 0 To record completed production To record cost of goods sold