.

Outline the following journal entries;

a.Assign direct materials to Work in Process for both mixing and baking departments

b.Assign overhead costs to Work in Process for both mixing and baking departments

c.Transfer goods from mixing to baking

d.Transfer goods from Work in Process to finished goods

e.Transfer goods from Finished Goods to cost of goods sold

2.Describe the production cost report (p 103)

a.Physical flow

b.Equivalent units

c.Costs

d.Reconciliation

3.Describe the steps involved in activity-based costing (p140)

4.Describe the activity-based overhead rate (141)

5.Describe the classification of Activity Levels (145)

6.Describe the benefits and limitations of Activity based costing (145-150)