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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: 7 Skipped a. Raw materials
Quality Brick Company produces bricks in two processing departments-Molding and Firing. Information relating to the company's operations in March follows: 7 Skipped a. Raw materials used in production: Molding Department, $28,700; and Firing Department, $5,900. b. Direct labor costs incurred: Molding Department, $20,000; and Firing Department, $4,700. C. Manufacturing overhead was applied: Molding Department, $25,000; and Firing Department, $36,600. 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 $66,000. 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 $107,600. f. Finished bricks were sold to customers. According to the company's process costing system, the cost of the finished bricks sold was $106,500. eBook Hint 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.) View transaction list Journal entry worksheet >
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