Pleni Company produces 18-ounce boxes of a wheat cereal in three departments: Mixing, Cooking, and Packaging. During August, Pleni produced 125,000 boxes with the following costs: Mixing Department $412,500 60,000 75,000 Direct materials Direct labor Applied overhead Cooking Department $187,500 37,500 41,250 Packaging Department $165,000 90,000 116,250 Required: 1. Calculate the costs transferred out of each department. 2. Prepare journal entries that reflect these cost transfers. CHART OF ACCOUNTS Pleni Company General Ledger ASSETS REVENUE 410 Sales 110 Cash 120 Accounts Receivable 130 Raw Materials EXPENSES 510 Cost of Goods Sold 520 Insurance Expense 142 Work in Process-Cooking 143 Work in Process-Mixing 144 Work in Process-Packaging 150 Overhead Control 160 Finished Goods 180 Accumulated Depreciation 530 Wages Expense 540 Supplies Expense 550 Utilities Expense 560 Depreciation Expense 590 Miscellaneous Expense LIABILITIES 210 Accounts Payable 220 Wages Payable 230 Utilities Payable 240 Lease Payable 250 Other Payables EQUITY 310 Common Stock 320 Retained Earnings 2. Prepare journal entries on Aug. 31 that reflect these cost transfers. Refer to the Chart of Accounts for the exact wording of account titles. PAGE 15 GENERAL JOURNAL DATE ACCOUNT POST. REF. DEBIT CREDIT