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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 20 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 20 points a Raw materials used in production: Molding Department, $26,100; and Firing Department, $5,500 b. Direct labor costs incurred: Molding Department, $18,800; and Firing Department, $4,100. c. Manufacturing overhead was applied: Molding Department, $23,000; and Firing Department, $39,000 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 $67,500. company's process costing system, the cost of the finished bricks was $109,100. bricks sold was $105,000. eBook e. Finished bricks were transferred from the Firing Department to the finished goods warehouse. According to the f. Finished bricks were sold to customers. According to the company's process costing system, the cost of the finished Hint Ask 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.) Print View transaction list View journal entry worksheet References No Transaction General Journal Debit Credit Work in process-Molding Department Work in process-Firing Department 26,100 5,500 Raw materials 31,600 2 Work in process-Molding Department Work in process-Firing Department Salaries and wages payable 3 CWork in process-Molding Department Work in process-Firing Department Manufacturing overhead 4 Work in process-Firing Department Work in process-Molding Department Finished goods Work in process-Firing Department Cost of goods sold Finished goods
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