ex 03 03 blanketsheet algo

Entries for flow of factory costs for process cost system Instructions Chart of Accounts Journal Instructions Radiord Inc, manufactures a sugar product by a continuous process, involving three production departments-Refining. Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, Refining, were $371,000. $142.000. and $98,400, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $29.200, and work in process at the end of the period totaled $28,400. Required: 2. (1) On September 30. journalize the entry to record the flow of costs into the Refining Department during the period for direct materials