manufactured on both a total and per-unit basis. This information is used in valuing inventories and in recording the cost of goods sold. But process costing also provide management with information about the per-unit cost of performing each step in th production process. This information is useful in evaluating the efficiency of product departments and often draws attention to potential cost savings. Milton Manufacturing uses a process costing system. Products are processed succe Department x and Department Y and are then transferred to the finished goods wa Shown below is cost information for Department Y during the month of May: Cost of work in process at May 1............ $ 85,000 Cost of units transferred in from Department X during May .........19..... 262,000 Manufacturing costs added in Department Y: Direct materials used $210,000 Direct labor ........... 1808015012012828584 45,000 Manufacturing overhead 67,000 322,000 Total costs charged to Department Y as of May 31 $669,000 Process costing system-journal entries Recreate the following table and prepare a general journal entry summarizing each following transaction categories for the month of May (you may omit explanations): The transfer of production from Department x to Department Y. (b.) The recording o manufacturing costs incurred in Department Y during May. (Use a single journal ent The transfer of completed units from Department Y to the finished goods warehouse Debit Credit (a.) (b. )