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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: 1.25 points 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: 1.25 points a. Raw materials used in production: Molding Department, $26,500; and Firing Department, $5,200. b. Direct labor costs incurred: Molding Department, $16,500; and Firing Department, $4,400. c. Manufacturing overhead was applied: Molding Department, $25,100; and Firing Department, $39,200. 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 $68,900. 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 $107,300. f. Finished bricks were sold to customers. According to the company's process costing system, the cost of the finished bricks sold was $104,100 eBook Hint Print 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.) References View transaction list View journal entry worksheet X No Transaction Debit 1 a. General Journal Work in processMolding Department Work in process-Firing Department Raw materials Credit 26,500 5,200 2 b. 16,500 Work in process-Molding Department Work in process-Firing Department Salaries and wages payable 4,400
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