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Review the processing worksheet below, then scroll down and click within the the journal entries Picks will lunch. Click on the picks it p Select
Review the processing worksheet below, then scroll down and click within the the journal entries Picks will lunch. Click on the picks it p Select the current choices to plate the journal entries. Correct selections will the be UNIT RECONCILIATION > Question 1 1 pts To record material, labor, and overhead for Department A, we need to debit Work in Process Inventory -Dept A for $ Question 2 1 pts To record material for Department A, we need to credit Raw Material Inventory for $ Question 3 1 pts To record Labor cost for Department A, we need to credit Salary Payable for $ D Question 4 1 pts To record Factory Overhead for Department A, we need to credit Factory Overhead for $ Question 5 1 pts To record the transfer of units from Department A to B to debit Work in Process Inventory - Dept B for $ Review the process costing worksheet below, then scroll down and click within the boxed areas of the two journal entries. Pick lists will launch. Click on the pick list icon to reveal a drop-down menu of choices. Select the correct choices to complete the journal entries. Correct selections will turn the boxed areas green. UNIT RECONCILIATION: Quantity Schedule Beginning Work in Process 200,000 Started into Production 400,000 Total Units into Production 500,000 Equivalent Units Calculations: Conversion Direct Materials Direct Labor Factory Overhead Transferred to Department B 500,000 500,000 500,000 500,000 Ending Work in Process 100,000 80,000 50,000 50,000 Total Units Reconciled 600.000 580,000 550,000 550,000 Cost Per Equivalent Unit: Conversion Total Cost Direct Materials Direct Labor Factory Overhead Beginning Work in Process $ 748,000 $ 175,000 $ 300,000 $ 73,000 Started into Production 1,600,000 785,000 690,000 125,000 Total Cost 2348.000 $ 1,160,000 $ 990,000 $ 198,000 Equivalent Units 580,000 $50,000 $50,000 Cost Per Equivalent Unit: 2.00 $ 1.80 $ 0.36 Cost Per Equivalent Unit: Equivalent Units (from above): Conversion Total Cost Direct Materials Direct Labor Factory Overhead Transferred to Department B $ 2.000.000 500,000 500,000 500,000 Ending Work in Process Incurred (Material @$2.00) $ 160,000 80,000 Incurred (Conversion @$2.16) 108,000 50,000 50,000 Total Ending Work in Process $ 268,000 Work in Process Inventory - Dept. A Raw Materials Inventory Salaries Payable Factory Overhead To record material, labor, and overhead for Department A Work in Process Inventory - Dept. B Work in Process Inventory - Dept. A To record transfer of units from Department A to B ? ? ? ? ? ? Review the process costing worksheet below, then scroll down and click within the boxed areas of the two journal entries. Pick lists will launch. Click on the pick list icon to reveal a drop-down menu of choices. Select the correct choices to complete the journal entries. Correct selections will turn the boxed areas green. UNIT RECONCILIATION: Quantity Schedule Beginning Work in Process 200,000 Started into Production 400,000 Total Units into Production 500,000 Equivalent Units Calculations: Conversion Direct Materials Direct Labor Factory Overhead Transferred to Department B 500,000 500,000 500,000 500,000 Ending Work in Process 100,000 80,000 50,000 50,000 Total Units Reconciled 600.000 580,000 550,000 550,000 Cost Per Equivalent Unit: Conversion Total Cost Direct Materials Direct Labor Factory Overhead Beginning Work in Process $ 748,000 $ 175,000 $ 300,000 $ 73,000 Started into Production 1,600,000 785,000 690,000 125,000 Total Cost 2348.000 $ 1,160,000 $ 990,000 $ 198,000 Equivalent Units 580,000 $50,000 $50,000 Cost Per Equivalent Unit: 2.00 $ 1.80 $ 0.36 Cost Per Equivalent Unit: Equivalent Units (from above): Conversion Total Cost Direct Materials Direct Labor Factory Overhead Transferred to Department B $ 2.000.000 500,000 500,000 500,000 Ending Work in Process Incurred (Material @$2.00) $ 160,000 80,000 Incurred (Conversion @$2.16) 108,000 50,000 50,000 Total Ending Work in Process $ 268,000 Work in Process Inventory - Dept. A Raw Materials Inventory Salaries Payable Factory Overhead To record material, labor, and overhead for Department A Work in Process Inventory - Dept. B Work in Process Inventory - Dept. A To record transfer of units from Department A to B ? ? ? ? ? ? > Question 1 1 pts To record material, labor, and overhead for Department A, we need to debit Work in Process Inventory -Dept A for $ Question 2 1 pts To record material for Department A, we need to credit Raw Material Inventory for $ Question 3 1 pts To record Labor cost for Department A, we need to credit Salary Payable for $ Question 4 1 pts To record Factory Overhead for Department A, we need to credit Factory Overhead for $ Question 5 1 pts To record the transfer of units from Department A to B to debit Work in Process Inventory - Dept B for $ Review the process costing worksheet below, then scroll down and click within the boxed areas of the two journal entries. Pick lists will launch. Click on the pick list icon to reveal a drop-down menu of choices. Select the correct choices to complete the journal entries. Correct selections will turn the boxed areas green. UNIT RECONCILIATION: Quantity Schedule Beginning Work in Process 200,000 Started into Production 400,000 Total Units into Production 500,000 Equivalent Units Calculations: Conversion Direct Materials Direct Labor Factory Overhead Transferred to Department B 500,000 500,000 500,000 500,000 Ending Work in Process 100,000 80,000 50,000 50,000 Total Units Reconciled 600.000 580,000 550,000 550,000 Cost Per Equivalent Unit: Conversion Total Cost Direct Materials Direct Labor Factory Overhead Beginning Work in Process $ 748,000 $ 175,000 $ 300,000 $ 73,000 Started into Production 1,600,000 785,000 690,000 125,000 Total Cost 2348.000 $ 1,160,000 $ 990,000 $ 198,000 Equivalent Units 580,000 $50,000 $50,000 Cost Per Equivalent Unit: 2.00 $ 1.80 $ 0.36 Cost Per Equivalent Unit: Equivalent Units (from above): Conversion Total Cost Direct Materials Direct Labor Factory Overhead Transferred to Department B $ 2.000.000 500,000 500,000 500,000 Ending Work in Process Incurred (Material @$2.00) $ 160,000 80,000 Incurred (Conversion @$2.16) 108,000 50,000 50,000 Total Ending Work in Process $ 268,000 Work in Process Inventory - Dept. A Raw Materials Inventory Salaries Payable Factory Overhead To record material, labor, and overhead for Department A Work in Process Inventory - Dept. B Work in Process Inventory - Dept. A To record transfer of units from Department A to B ? ? ? ? ? ? > Question 1 1 pts To record material, labor, and overhead for Department A, we need to debit Work in Process Inventory -Dept A for $ Question 2 1 pts To record material for Department A, we need to credit Raw Material Inventory for $ Question 3 1 pts To record Labor cost for Department A, we need to credit Salary Payable for $ Question 4 1 pts To record Factory Overhead for Department A, we need to credit Factory Overhead for $ Question 5 1 pts To record the transfer of units from Department A to B to debit Work in Process Inventory - Dept B for $
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