Early Start Bakery mass-produces bread using three sequential processing departments: Mixing, Baking, and Packaging. The following transactions occurred during April: E: (Click the icon to view the transactions.) Requirements 1. Post each of these transactions to the company's inventory T-accounts. 2. Determine the balance at month-end in each of the inventory accounts 3. Assume that 3,250,000 loaves of bread were completed and transferred out of the Packaging Department during the month. What was the cost per unit of making each loaf of bread (from start to finish)? Before posting the transactions to the company's T-accounts, begin by determining which accounts are affected by each transaction. The transactions may affect one or two accounts. (Abbreviation used: Dept. = Department. If a box is not used in the table leave the box empty, do not select a label.) 1. Direct materials used in the Packaging Department 2. Costs assigned to units completed and transferred out of Mixing 3. Direct labor incurred in the Mixing Department 4. Beginning balance: Work in Process Inventory-Baking 5. Manufactured overhead allocated to the Baking Department 6. Beginning balance: Finished Goods 7. Costs assigned to units completed and transferred out of Baking 8. Beginning balance: Work in Process Inventory-Mixing 9. Direct labor incurred in the Packaging Department 10. Manufacturing overhead allocated to the Mixing Department 11. Direct materials used in the Mixing Department 12. Beginning balance: Raw Materials Inventory 13. Costs assigned to units completed and transferred out of Packaging 14. Beginning balance: Work in Process Inventory-Packaging 15. Purchases of Raw Materials 16. Direct labor incurred in the Baking Department 17. Manufacturing overhead allocated to the Packaging Department 18. Cost of goods sold Finished Goods Inventory Raw Materials Inventory WIPBaking Dept WIPMixing Dept. WIPPackaging Dept. Requirements 1 and 2 Post the transactions to the T-accounts and determine the ending balance Regin with the T-account for Raw Materials Inventory Fnter the transactions that affect the T-account and calculate the ending balance Requirements 1 and 2. Post the transactions to the T-accounts and determine the ending balance. Begin with the T-account for Raw Materials Inventory. Enter the transactions that affect the T-account and calculate the ending balance. Raw Materials Inventory Beginning balance Cost of goods sold Direct labor Direct materials purchased Direct materials used in Mixing ending balance ending balance Direct materials used in Packaging Manufacturing overhead Now enter the transactions that affect the T-account for Work in Process Inventory-Mixing Department and calculate the ending balance. Work in Process Inventory-Mixing Department Beginning balance Direct labor Direct materials purchased Direct materials used Manufacturing overhead Transferred to Baking Transferred to Packaging Transferred to Finished Goods Next, enter the transactions that affect the T-account for Work in Process Inventory-Baking Department and calculate the ending balance. Work in Process Inventory-Baking Department Beginning balance Direct labor Direct materials purchased Direct materials used Manufacturing overhead Transferred to Baking Transferred to Packaging Transferred to Finished Goods Work in Process Inventory-Packaging Department Beginning balance Cost of goods sold Direct labor Direct materials purchased Direct materials used Manufacturing overhead Transferred in from Baking Transferred in from Mixing Transferred to Finished Goods Finally, enter the transactions that affect the T-account for Finished Goods Inventory and calculate the ending balance. Finished Goods Inventory Requirement 3. Assume that 3,250,000 loaves of bread were completed and transferred out of the Packaging Department during the month. Select the formula labels and then compute the cost per unit of making each loaf of bread (from start to finish). (Round your answer to two decimal places.) Cost per unit = Completed and transferred out units Raw materials purchased Total cost of units transferred to Finished Goods Total cost of units transferred to Mixing Total cost of units transferred to Packaging Completed and transferred out units Raw materials purchased Total cost of units transferred to Finished Goods Total cost of units transferred to Mixing Total cost of units transferred to Packaging Early Start Bakery mass-produces bread using three sequential processing departments: Mixing, Baking, and Packaging. The following transactions occurred during April: E: (Click the icon to view the transactions.) Requirements 1. Post each of these transactions to the company's inventory T-accounts. 2. Determine the balance at month-end in each of the inventory accounts 3. Assume that 3,250,000 loaves of bread were completed and transferred out of the Packaging Department during the month. What was the cost per unit of making each loaf of bread (from start to finish)? Before posting the transactions to the company's T-accounts, begin by determining which accounts are affected by each transaction. The transactions may affect one or two accounts. (Abbreviation used: Dept. = Department. If a box is not used in the table leave the box empty, do not select a label.) 1. Direct materials used in the Packaging Department 2. Costs assigned to units completed and transferred out of Mixing 3. Direct labor incurred in the Mixing Department 4. Beginning balance: Work in Process Inventory-Baking 5. Manufactured overhead allocated to the Baking Department 6. Beginning balance: Finished Goods 7. Costs assigned to units completed and transferred out of Baking 8. Beginning balance: Work in Process Inventory-Mixing 9. Direct labor incurred in the Packaging Department 10. Manufacturing overhead allocated to the Mixing Department 11. Direct materials used in the Mixing Department 12. Beginning balance: Raw Materials Inventory 13. Costs assigned to units completed and transferred out of Packaging 14. Beginning balance: Work in Process Inventory-Packaging 15. Purchases of Raw Materials 16. Direct labor incurred in the Baking Department 17. Manufacturing overhead allocated to the Packaging Department 18. Cost of goods sold Finished Goods Inventory Raw Materials Inventory WIPBaking Dept WIPMixing Dept. WIPPackaging Dept. Requirements 1 and 2 Post the transactions to the T-accounts and determine the ending balance Regin with the T-account for Raw Materials Inventory Fnter the transactions that affect the T-account and calculate the ending balance Requirements 1 and 2. Post the transactions to the T-accounts and determine the ending balance. Begin with the T-account for Raw Materials Inventory. Enter the transactions that affect the T-account and calculate the ending balance. Raw Materials Inventory Beginning balance Cost of goods sold Direct labor Direct materials purchased Direct materials used in Mixing ending balance ending balance Direct materials used in Packaging Manufacturing overhead Now enter the transactions that affect the T-account for Work in Process Inventory-Mixing Department and calculate the ending balance. Work in Process Inventory-Mixing Department Beginning balance Direct labor Direct materials purchased Direct materials used Manufacturing overhead Transferred to Baking Transferred to Packaging Transferred to Finished Goods Next, enter the transactions that affect the T-account for Work in Process Inventory-Baking Department and calculate the ending balance. Work in Process Inventory-Baking Department Beginning balance Direct labor Direct materials purchased Direct materials used Manufacturing overhead Transferred to Baking Transferred to Packaging Transferred to Finished Goods Work in Process Inventory-Packaging Department Beginning balance Cost of goods sold Direct labor Direct materials purchased Direct materials used Manufacturing overhead Transferred in from Baking Transferred in from Mixing Transferred to Finished Goods Finally, enter the transactions that affect the T-account for Finished Goods Inventory and calculate the ending balance. Finished Goods Inventory Requirement 3. Assume that 3,250,000 loaves of bread were completed and transferred out of the Packaging Department during the month. Select the formula labels and then compute the cost per unit of making each loaf of bread (from start to finish). (Round your answer to two decimal places.) Cost per unit = Completed and transferred out units Raw materials purchased Total cost of units transferred to Finished Goods Total cost of units transferred to Mixing Total cost of units transferred to Packaging Completed and transferred out units Raw materials purchased Total cost of units transferred to Finished Goods Total cost of units transferred to Mixing Total cost of units transferred to Packaging