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HW Part 1. Saved Chocolaterie de Geneve, SA, is located in a French-speaking canton in Switzerland. The company makes chocolate truffles that are sold in
HW Part 1. Saved Chocolaterie de Geneve, SA, is located in a French-speaking canton in Switzerland. The company makes chocolate truffles that are sold in popular embossed tins. The company has two processing departments-Cooking and Molding. In the Cooking Department, the raw ingredients for the truffles are mixed and then cooked in special candy making vats, In the Molding Department, the melted chocolate and other ingredients from the Cooking Department are carefully poured into molds and decorative flourishes are applied by hand. After cooling the truffles are packed for sale. The company uses a process costing system. The T-accounts below show the flow of costs through the two departments in April: Work in Process-Cooking Debit Balance 4/1 Oirect materials Direct labor 2 Overhead 3,000 260,000 190,000 Credit Transferred out 756,000 Credit Balance 4/1 25,000 Transferred out 575,808 Transferred in Direct labor Overhead 756,000 136,000 6,000 Required: Prepare journal entries showing the flow of costs through the two processing departments during April. Of no entry is required for a transaction/event, select "No journal entry required" in the first account field) View transaction list Balance 4/1 Direct materials Direct labor Overhead Balance 4/1 Transferred in Direct labor Overhead Debit 9,000 Transferred out Credit 756,000 331,000 260,000 190,000 Work in Process-Molding Debit Credit 25,000 Transferred out 979,000 756,000 116,000 86,000 Saved Required: Prepare journal entries showing the flow of costs through the two processing departments during April. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 3 Record entry to apply manufacturing overhead. . Prepare journal entries showing the flow of costs through the two processing departments during April. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet
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