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Gardner Company produces 16 ounce boxes of a wheat cermat in three department mining cooking and packaging Dunog dugiat Gardner produced 160,000. bowes win the
Gardner Company produces 16 ounce boxes of a wheat cermat in three department mining cooking and packaging Dunog dugiat Gardner produced 160,000. bowes win the following costi Mixing Cooking Packaging Department Department Department Direct material $411,700 $187.100 $165.500 Direct labor 50.000 35.000 1.000 Journal Applied overhead 75.400 40.500 116 500 2. Prepare journal entries on Aug 31 marredhe nese contrasto Refer to the Chart of Accounts for the exact wording of accounts Required 1. Calculate the cost transferred out of each department 2. Prepare journal en mat rodeat use cos transfers TALE Transferred Costs GENERAL JOURNAL DATE ACCOUNT TITLE POETRY DET CT 1 Calculate the costs ansied out of each department w Coshtrened out of the Mary Departments Costs translated out of the Cooking Departments Coststransfered out of the Packaging Departments ASSETS REVENUE 110 Cash 410 Sales 120 Accounts Receivable 130 Raw Materials EXPENSES 142 Work in Process-Cooking 143 Work in Process-Mixing 144 Work in Process-Packaging 510 Cost of Goods Sold 520 Insurance Expense 530 Wages Expense 540 Supplies Expense 550 Utilities Expense 150 Overhead Control 160 Finished Goods 180 Accumulated Depreciation 560 Depreciation Expense 590 Miscellaneous Expense LIABILITIES 210 Accounts Payable 220 Wages Payable 230 Utilities Payable 240 Lease Payable 250 Other Payables EQUITY 310 Common Stock 320 Retained Earnings
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