Marurung Company has two production departments: Cutting and Assembly. July 1 inventories are Raw Materials $4,200, Work
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Question:
Marurung Company has two production departments: Cutting and Assembly. July 1 inventories are Raw Materials $4,200, Work in Process- Cutting $2,900, Work in process-Assembly $10,600 and Finished goods $31,000. During October, the following two transactions occurred:
1. Requisitioned materials for Cutting $15,700 and Assembly $8,900
2. Transferred goods costing $67,600 from Cutting Department to the Assembly Department.
You are required to journalize the transactions.
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