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Lui Coffee Company roasts and packs coffee beans. The process begins by placing coffee beans into the Roasting Department. From the Roasting Department, coffee beans
Lui Coffee Company roasts and packs coffee beans. The process begins by placing coffee beans into the Roasting Department. From the Roasting Department, coffee beans are then transferred to the Packing Department. The following is a partial work in process account of the Roasting Department at March 31: ACCOUNT Work in Process-Roasting Department Date Item March 1 Bal., 7,400 units, 3/5 completed 31 Direct materials, 333,000 units 31 Direct labor 31 Factory overhead 31 Goods transferred, 334,000 units 31 Bal., 2 units, 3/5 completed Debit Credit 1,065,600 213,400 53,320 ? ACCOUNT NO. Balance Balance Debit Credit 26,936 1,092,536 1,305,936 1,359,256 ?
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