Manufacturing data for January and February in the Mixing Department of Klinger Kleaning Products follow: January. February Materials used 20,000. 28,400 Labor. 15,200. 23,000 Factory OH. 11,400. 19,800 Finished and transferred to blending dept 3,600. 3,200 WIP end of Month 400 600 Stage of completion 3/4 1/4

1. From an analysis of this information, prepare a cost of production summary for each month, using the weighted average cost method. (round unit to three decimals places)

Make the journal entries for each month to record the cost of materials, labor, and Factory overhead used in production and transfer of finished units from mixing to blending. (Hint see Chapter 5 to review)

=9781305254657&id=39052299&snapshotid=141526& ting-Additional Procedures: Accounting for joint Products and By-Products TOP6-1 Cost of Production Summaries, One Department, Two Months; Journal Entries L01 Manufacturing data for January and February in the Mixing Department of Klinger Kleaning Products follow: Materials used.............. January $20,000 $15.200 February $28.400 $23.000 $19.000 3.200 3.000 Factory overhead Finished and transferred to Blending Dept... Work in process, and of month.. Stage of completion. All materials are added at the start of the process. Labor and factory overhead are added evenly throughout the process. No units were in process at the beginning of January. Goods finished in Mixing are transferred to Blending for further processing, Required: 1. From an analysis of this information, prepare a cost of production summary for each month, using the weighted average cost method. (Round unit costs to three decimal places.) 2. Make the journal entries for each month to record the cost of materials, labor, and factory overhead used in production and the transfer of finished units from Mixing to Blending (Hint: See Chapter 5 to review.) =9781305254657&id=39052299&snapshotid=141526& ting-Additional Procedures: Accounting for joint Products and By-Products TOP6-1 Cost of Production Summaries, One Department, Two Months; Journal Entries L01 Manufacturing data for January and February in the Mixing Department of Klinger Kleaning Products follow: Materials used.............. January $20,000 $15.200 February $28.400 $23.000 $19.000 3.200 3.000 Factory overhead Finished and transferred to Blending Dept... Work in process, and of month.. Stage of completion. All materials are added at the start of the process. Labor and factory overhead are added evenly throughout the process. No units were in process at the beginning of January. Goods finished in Mixing are transferred to Blending for further processing, Required: 1. From an analysis of this information, prepare a cost of production summary for each month, using the weighted average cost method. (Round unit costs to three decimal places.) 2. Make the journal entries for each month to record the cost of materials, labor, and factory overhead used in production and the transfer of finished units from Mixing to Blending (Hint: See Chapter 5 to review.)