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Quality Brick Company produces bricks in two processing departments-Molding and Firing. Information relating to the company's operations in March follows: a. Raw materials used in
Quality Brick Company produces bricks in two processing departments-Molding and Firing. Information relating to the company's operations in March follows: a. Raw materials used in production: Molding Department, \$29,900; and Firing Department, \$4,200. b. Direct labor costs incurred: Molding Department, \$20,000; and Firing Department, \$4,900. c. Manufacturing overhead was applied: Molding Department, \$22,000; and Firing Department, \$37,200. d. Unfired, molded bricks were transferred from the Molding Department to the Firing Department. According to the company's process costing system, the cost of the unfired, molded bricks was $66,200. e. Finished bricks were transferred from the Firing Department to the finished goods warehouse. According to the company's process costing system, the cost of the finished bricks was $108,600. f. Finished bricks were sold to customers. According to the company's process costing system, the cost of the finished bricks sold was $105,200. Required: Prepare journal entries to record items (a) through (f) above. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
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