Safari File Edit View History Bookmarks Window Help 0 2 0 7 9 8 0 Tue Feb 21 4:04 ezto.mheducation.com + rrent Students: The King's University | Edmonton's Christian University | Chr... In Course: 2022-23-Winter-BUS1391 - Statistics for Business II M Question 4 - Assignment 2 - Connect Assignment 2 i Saved Help Save & Exit Submit 4 Bayas Corporation uses process costing. A number of transactions that occurred in June are listed below. (1) Raw materials that cost $40,000 are withdrawn from the storeroom for use in the Mixing Department. All of these raw materials are classified as direct materials. 10 2) Direct labor costs of $16,300 are incurred, but not yet paid, in the Mixing Department. (3) Manufacturing overhead of $45,900 is applied in the Mixing Department using the department's predetermined overhead rate. points 4) Units with a carrying cost of $87,800 finish processing in the Mixing Department and are transferred to the Drying Department for Skipped further processing. 5) Units with a carrying cost of $111,500 finish processing in the Drying Department, the final step in the production process, and are transferred to the finished goods warehouse. (6) Finished goods with a carrying cost of $98,400 are sold. eBook Print Required: References Prepare journal entries for each of the transactions listed above. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 2 3 4 5 6 Raw materials that cost $40,000 are withdrawn from the storeroom for use in the Mixing Department. All of these raw materials are classified as direct materials. Next > Mc Graw