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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, $23.000; and Firing Department. $8.000. b. Direct labor costs incurred: Molding Department, $12,000, and Firing Department, $7,000. c. Manufacturing overhead was applied: Molding Department, $25,000, and Firing Department, $37.000 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 $57,000. 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 $103.000. . Finished bricks were sold to customers. According to the company's process costing system, the cost of the finished bricks sold was $101,000 1 N 3 4 5 6 Record issuance of raw materials for use in production. Note: Enter debits before credits. Transaction General Journal Debit Credit ho a. Record direct labor costs incurred. Note: Enter debits before credits. General Journal Debit Credit Transaction b. Record entry to apply manufacturing overhead. Note: Enter debits before credits Transaction General Journal Debit Credit C. Record transfer of unfired, molded bricks from the Molding Department to the Firing Department. Note: Enter debits before credits. General Journal Debit Credit Transaction d. Record transfer of finished bricks from the Firing Department to the finished goods warehouse. Note: Enter debits before credits. Transaction General Journal Debit Credit e. Record cost of goods sold. Note: Enter debits before credits. General Journal Debit Transaction f. Credit
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