Milton Manufacturing uses a process costing system. Products are processed successively by Department and Department Y and are then transferred to the finished goods warehouse. Shown below is cost information for Department Y during the month of May:

The cost of work in process in Department Y at May 31 has been determined to be $113,500.

Process costing system-journal entries

Recreate the following table and how to prepare a general journal entrysummarizing each of the following transaction categories for the month of May (you may omit explanations):

The transfer of production from Department to Department Y. (b.) The recording of manufacturing costs incurred in Department Y during May. (Use a single journal entry.) (c.) The transfer of completed units from Department Y to the finished goods warehouse.