Entries for Product Cost Flow

Record the following transactions that occurred during April for Boyd Manufacturing Corporation, which uses the perpetual inventory system:

Apr. $21$ Transferred $$200,000$ of completed goods from the factory to the warehouse.

$25$ Requisitioned $$112,500$ of materials for use in the factory as direct materials and $$25,000$ for indirect materials.

$28$ Sold goods costing $$75,000$ for $$125,000$ on account.

$\backslash$table$[[$General Journal$],[$Date$,$Description,Debit,Credit$],[$Apr$.21,$hat$(),0,0],[hat(),0,0],[$To record the transfer of completed goods.,,$],[$Apr$.25,$Work in process inventory,$0,0],[hat(),0,0],[hat(),0,0],[$To record the requisitioning of material.,,$],[$Apr$.28,$hat$(),0,0],[hat(),0,0],[$To record the sale of goods on account.,,$],[$Apr$.28,$hat$(),0,0],[hat(),0,0],[$To record the cost of goods sold.,,$]]$