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Pleni Company produces 18-ounce boxes of a wheat cereal in three departments: Mixing, Cooking, and Packaging. During August, Pleni produced 150,000 boxes with the following
Pleni Company produces 18-ounce boxes of a wheat cereal in three departments: Mixing, Cooking, and Packaging. During August, Pleni produced 150,000 boxes with the following costs:
| Mixing | Cooking | Packaging | |
|---|---|---|---|
| Department | Department | Department | |
| Direct materials | $411,700 | $187,100 | $165,500 |
| Direct labor | 59,900 | 38,000 | 91,000 |
| Applied overhead | 75,400 | 40,500 | 116,500 |
Required:
| 1. | Calculate the costs transferred out of each department. |
| 2. | Prepare journal entries that reflect these cost transfers. |
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Security Audit And Control Features SAP ERP
Authors: Isaca
4th Edition
1604205806, 978-1604205800
