Radford Inc. manufactures a sugar product by a continuous process, involving three production departments-Refining, Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, Refining, were $369,000, $146,000, and $97,600, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $30,200, and work in process at the end of the period totaled $28,400.

Required:

a.(1)On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for direct materials.*(2)On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for direct labor.*(3)On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for factory overhead.*b.On September 30, journalize the entry to record the transfer of production costs to the second department, Sifting.**Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for spaces or journal explanations. Every line on a journal page is used for debit or credit entries. Do not add explanations or skip a line between journal entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.

CHART OF ACCOUNTS Radford Inc.General Ledger ASSETS

110Cash

121Accounts Receivable

125 Notes Receivable

126Interest Receivable

131Materials

141Work in Process-Refining Department

142Work in Process-Sifting Department

143Work in Process-Packing Department

151Factory Overhead-Refining Department

152Factory Overhead-Sifting Department

153Factory Overhead-Packing Department

161Finished Goods

171Supplies

172Prepaid Insurance

173Prepaid Expenses

181Land

191Factory

192Accumulated Depreciation-Factory

LIABILITIES

210Accounts Payable

221Utilities Payable231Notes Payable

236Interest Payable

251Wages Payable

EQUITY

311Common Stock

340Retained Earnings

351Dividends

390Income Summary

Please note: the questions have to be answered in a journalized format, An example of the format/order is provided below, Thanks!

a(1). On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for direct materials. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for spaces or journal explanations. Every line on a journal page is used for debit or credit entries. Do not add explanations or skip a line between journal entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.

JOURNAL ACCOUNTING EQUATION

Date Description Post Ref Debit Credit Assets Liabilities Equity

a(2). On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for direct labor. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for spaces or journal explanations. Every line on a journal page is used for debit or credit entries. Do not add explanations or skip a line between journal entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.

b. On September 30, journalize the entry to record the transfer of production costs to the second department, Sifting. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for spaces or journal explanations. Every line on a journal page is used for debit or credit entries. Do not add explanations or skip a line between journal entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.