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Re Ture produces bagged mulch from recycled tires Production involves shredding tires and packaging the pieces in the Bagging department. All direct materials enter in

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Re Ture produces bagged mulch from recycled tires Production involves shredding tires and packaging the pieces in the Bagging department. All direct materials enter in the Shredding process. A predetermined overhead rate of 185% of direct labor costs is used in both departments. The following describes production operations for October Direct materials used (Shredding $ 238,000 Direct labor used (Shredding) 39,000 Direct labor used (asing) 91.000 Costs transferred from Shredding to Bagging 209,500 Costs transferred from Banging to Finished Goods 572,000 Sales (on credit) for the month total $440,000 and cost of goods sold for the month is $248,000, Prepare journal entries dated October 31 to record October production activities for (1) direct materials usage. (2) direct labor usage, overhead applied, (4) costs transfer from Shredding to Bagging, (5) costs transfer from Bagging to finished goods. (6) credit sales, and (7) cost of goods sold View transaction that Journal entry worksheet Record direct labor used in production, but not yet paid. Note: Enter debits before credits. General Journal Debit Credit Transaction 2 Record entry Clear entry View general journal Journal entry worksheet Record the transfer of goods to finished goods. Note: Enter debits before credits Transaction General Journal Debit Credit 5 Record entry Clear entry View general Journal Journal entry worksheet Record the sale of goods on account Note: Enter debits before credits General Journal Debit Transaction 6 Credit Record entry Clear entry View general Journal Journal entry worksheet

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