Grandma's Bakery mass-produces bread using three sequential processing departments: Mixing, Baking, and Packaging. The following transactions occurred during April: (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 3,225,000 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)? Grandma's Bakery mass-produces bread using three sequential processing departments: Mixing, Baking, and Packaging. The following transactions occurred during April: (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 3,225,000 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)? 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. Now enter the transactions that affect the T-account for Work in Process Inventory-Mixing Department and calculate the ending balance. Grandma's Bakery mass-produces bread using three sequential processing departments: Mixing, Baking, and Packaging. Now enter the transactions that affect the T-account for Work in Process Inventory-Packaging Department and calculate Finally, enter the transactions that affect the T-account for Finished Goods Inventory and calculate the ending balance. Requirement 3. Assume that 3,225,000 loaves of bread were completed and transferred out of the rackaging Department dui Select the formula labels and then compute the cost per unit of making each loaf of bread (from start to finish). (Round your an decimal places.) Grandma's Bakery mass-produces bread using three sequential processing departments: Mixing, Baking, and Packaging. The following transactions occurred during April: (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 3,225,000 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)? Grandma's Bakery mass-produces bread using three sequential processing departments: Mixing, Baking, and Packaging. The following transactions occurred during April: (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 3,225,000 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)? 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. Now enter the transactions that affect the T-account for Work in Process Inventory-Mixing Department and calculate the ending balance. Grandma's Bakery mass-produces bread using three sequential processing departments: Mixing, Baking, and Packaging. Now enter the transactions that affect the T-account for Work in Process Inventory-Packaging Department and calculate Finally, enter the transactions that affect the T-account for Finished Goods Inventory and calculate the ending balance. Requirement 3. Assume that 3,225,000 loaves of bread were completed and transferred out of the rackaging Department dui Select the formula labels and then compute the cost per unit of making each loaf of bread (from start to finish). (Round your an decimal places.)
