Question
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
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, $28,800; and Firing Department, $5,300. b. Direct labor costs incurred: Molding Department, $18,300; and Firing Department, $4,300. c. Manufacturing overhead was applied: Molding Department, $23,000; and Firing Department, $37,800. 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 $65,600. 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 $109,100. f. Finished bricks were sold to customers. According to the company's process costing system, the cost of the finished bricks sold was $104,300. 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. Use a compound Journal entry as needed for each transaction.) View transaction list Journal entry worksheet 1 2 3458 Record issuance of raw materials for use in production. Note: Enter debits before credits. Transaction a. General Journal Debit Credit Record entry Clear entry View general journal
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