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Gardner Company produces 18-ounce boxes of a wheat cereal in three departments mixing, cooking, and pachaging. During August, Gardiner produced iso, 000 boxes wath tte

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Gardner Company produces 18-ounce boxes of a wheat cereal in three departments mixing, cooking, and pachaging. During August, Gardiner produced iso, 000 boxes wath tte following costs: Bequired: 1. Calculate the costs transferred out of each depaitment 2. Prepare joumal entries that reflect these cost transfers. 2. Prepare joumal entries on Aug. 3t that reflect these cost translers. Aeler to the Chart of Accounts for the exact wording of account bities. Gar 1. Calculate the costs transferred out of each department. (a) Costs transferred out of the Mixing Department: (b) Costs transferred out of the Cooking Department: (c) Costs transferred out of the Packaging Department: g. August, Gardner produce Instructions Chart of Accounts G 150 Overhead Control 540 Supplies Expense g August, 160 Finished Goods 180 Accumulated Depreciation 550 Utilities Expense 560 Depreciation Expense 590 Miscellaneous Expense LIABILITIES 210 Accounts Payable 220 Wages Payable 230 Utilities Payable 240 Lease Payable 250 Other Payables EQUITY

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