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Oriole Paints makes various interior and exterior paints for its customers, but its current focus is on its top-selling interior brand. Oriole produces the paint
Oriole Paints makes various interior and exterior paints for its customers, but its current focus is on its top-selling interior brand. Oriole produces the paint in its mixing department and then transfers the paint to the canning department. The following information is presented for the canning department in March, recognizing that the company adds its conversion costs evenly throughout the process. One unit is one gallon of paint. Record the journal entry for each of the following transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) 1. Transfer of paint into the canning process in March. 2. Completion of canning of 46,500 gallons of paint in March
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