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Question 12 of 13 -11 View Policies Current Attempt in Progress Fire Out Company manufactures its product, Vitadrink, through two manufacturing processes: Mixing and Packaging.

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Question 12 of 13 -11 View Policies Current Attempt in Progress Fire Out Company manufactures its product, Vitadrink, through two manufacturing processes: Mixing and Packaging. All materials are entered at the beginning of each process. On October 1, 2020, inventories consisted of Raw Materials $27,300, Work in Process-Mixing $0, Work in Process- Packaging $253,000, and Finished Goods $295,000. The beginning inventory for Packaging consisted of 14,900 units that were 50% complete as to conversion costs and fully complete as to materials. During October, 52,200 units were started into production in the Mixing Department and the following transactions were completed. 1 2. 3. 4. 5. Purchased $301,000 of raw materials on account Issued raw materials for production: Mixing $213,200 and Packaging $47,300. Incurred labor costs of $286,700. Used factory labor: Mixing $187,300 and Packaging $99,400. Incurred $1,033,500 of manufacturing overhead on account. Applied manufacturing overhead on the basis of $25 per machine hour. Machine hours were 30,800 in Mixing and 9,000 in Packaging Transferred 46,200 units from Mixing to Packaging at a cost of $982,000. Transferred 57,800 units from Packaging to Finished Goods at a cost of $1,316,000. Sold goods costing $1.645,000 for $2,502,000 on account. 6 7 8 9 Journalize the October transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually Debit No. Account Titles and Explanation 1. Credit

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