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Quality Brick Company produces bricks in two processing departmentsMolding 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 departmentsMolding and Firing. Information relating to the company's operations in March follows: a. Raw materials used in production: Molding Department, $27,000; and Firing Department, $5,900. b. Direct labor costs incurred: Molding Department, $18,200, and Firing Department, $4,300. c. Manufacturing overhead was applied: Molding Department, $24,800; 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 $68,600. 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 $107,900. f. Finished bricks were sold to customers. According to the company's process costing system, the cost of the finished bricks sold was $104,800. 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 1 Record issuance of raw materials for use in production. > 2 Record direct labor costs incurred. 3 Record entry to apply manufacturing overhead. 4 Record transfer of unfired, molded bricks from the Molding Department to the Firing Department. Credit E 5 Record transfer of finished bricks from the Firing Department to the finished goods warehouse. ch 6 Record cost of goods sold
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