mework Help Save BE Exercise 5-1 Process Costing Journal Entries (L05-11 Quality Brick Company produces bricks in two procesuing departments Molding and Firing Information relating to the company's operations in March follows: a. Raw materials used in production Molding Department. $27700, and Fring Department. 54.300 b. Direct labor costs incurred Molding Department $6.500, and ring Department 55.400 Manufacturing overhead was applied Molding Department. $23,000, and Fring Department, 537300 d. Unfired molded bricks were transferred from the Molding Department to the Faring Department According to the company's process costing system, the cost of the unfired, molded bricks was $70,000 e Finished bricks were transferred from the Firing Department to the finished goods warehouse According to the company process Costing system, the cost of the finished bricks was 600 Finished bricks were sold to customers. According to the company process costing system, the cost of the freshed is sold was $104.600. aboveno entry is required for a transaction event, select "No journal entry Required: Prepare journal entries to record items (a) through required in the first account field.) Vince Journal entry worksheet da nce of raw materials for use in production 5 Next >