record journal entry for Sunland company manufactures its product

Sunland Company manufactures its product, Vitadrink, through two manufacturing processes. Moxing and Packaging. All materials are entered at the beginning of each process. On October 1, 2022. inventories consisted of Raw Materials $ 24,440, Work in Process - Mixing $0, Work in Process- Packaging $ 235,000, and Finished Goods $ 271,660. The beginning inventory for Packaging consisted of 9,400 units that were 50% complete as to conversion costs and fully complete as to materials. During October, 47,000 units were started into production in the Mixing Department and the following transactions were completed. 1. 2. 3. . 4. 5. Purchased $ 282,000 of raw materials on account. Issued direct materials for production: Mixing $ 197,400 and Packaging $ 42,300 Incurred labor costs of $ 262,166. (Use Wages Payable.) Used factory labor: Mixing 5 171.550 and Packaging $ 90,616. incurred $ 761.400 of manufacturing overhead on account. Applied manufacturing overhead on the basis of $ 23 per machine hour. Machine hours were 26,320 in Mixing and 5,640 in Packaging Transferred 42,300 units from Mixing to Packaging at a cost of $ 920,260. Completed and transferred 49,820 units from Packaging to Finished Goods at a cost of $ 1.236,100. Sold goods costing $ 1.507.760 for $2.350.000 on account OR 58F Cloudy 6. N 8 9. th Question 5 of 7 1. Transterreo TZ,SUUUNITS TOMMXng torackaging at a COSTON TZU.ZOU. 8. Completed and transferred 49,820 units from Packaging to Finished Goods at a cost of $1,236,100. Sold goods costing $ 1.507,760 for $2,350,000 on account. 9. Journalize the October transactions. (List all debit entries before credit entries. Credit account titles are automatically Indented is entered. Do not indent manually) No. Account Titles and Explanation Debit Credit 1. 2. th 58F (hp 3. 4. 5. ch o RE 58F Question 5 of 7 7 0 5 6 Y i i ERT DE GE J v B 00 N M M Sunland Company manufactures its product, Vitadrink, through two manufacturing processes. Moxing and Packaging. All materials are entered at the beginning of each process. On October 1, 2022. inventories consisted of Raw Materials $ 24,440, Work in Process - Mixing $0, Work in Process- Packaging $ 235,000, and Finished Goods $ 271,660. The beginning inventory for Packaging consisted of 9,400 units that were 50% complete as to conversion costs and fully complete as to materials. During October, 47,000 units were started into production in the Mixing Department and the following transactions were completed. 1. 2. 3. . 4. 5. Purchased $ 282,000 of raw materials on account. Issued direct materials for production: Mixing $ 197,400 and Packaging $ 42,300 Incurred labor costs of $ 262,166. (Use Wages Payable.) Used factory labor: Mixing 5 171.550 and Packaging $ 90,616. incurred $ 761.400 of manufacturing overhead on account. Applied manufacturing overhead on the basis of $ 23 per machine hour. Machine hours were 26,320 in Mixing and 5,640 in Packaging Transferred 42,300 units from Mixing to Packaging at a cost of $ 920,260. Completed and transferred 49,820 units from Packaging to Finished Goods at a cost of $ 1.236,100. Sold goods costing $ 1.507.760 for $2.350.000 on account OR 58F Cloudy 6. N 8 9. th Question 5 of 7 1. Transterreo TZ,SUUUNITS TOMMXng torackaging at a COSTON TZU.ZOU. 8. Completed and transferred 49,820 units from Packaging to Finished Goods at a cost of $1,236,100. Sold goods costing $ 1.507,760 for $2,350,000 on account. 9. Journalize the October transactions. (List all debit entries before credit entries. Credit account titles are automatically Indented is entered. Do not indent manually) No. Account Titles and Explanation Debit Credit 1. 2. th 58F (hp 3. 4. 5. ch o RE 58F Question 5 of 7 7 0 5 6 Y i i ERT DE GE J v B 00 N M M