Job Costing Versus Process Costing. For each firm listed in the following, identify whether it would use job costing or process costing.

Canned soup producer

Custom automobile restorer

Facial tissue manufacturer

Accounting services provider

Printer paper producer

Pool builder

Cereal producer

Architectural design provider

Process Costing Journal Entries. Assume a company has two processing departmentsMolding and Packaging. Transactions for the month are shown as follows.

The Molding department requisitioned direct materials totaling $$4,000$ to be used in production.

Direct labor costs totaling $$7,000$ were incurred in the Molding department, to be paid the next month.

Manufacturing overhead costs applied to products in the Molding department totaled $$5,000.$

The cost of goods transferred from the Molding department to the Packaging department totaled $$20,000.$

Manufacturing overhead costs applied to products in the Packaging department totaled $$3,600.$

Required:

Prepare journal entries to record transactions $1$ through $5.$