Save Homework: Chapter 5 Homework Score: 0 of 1 pt E5-31A (similar to) 3 of 5 (4 complete) HW Score: 80%, 4 of 5 pts Guestion Help Reference Johnsen Dairy produces an organic butter that is sold by the pound. The production of the butter begins in the Churning Department. Johnson Dairy's Data for the Churning Department for January follows. Bak in to view the data from January) Jensen Day prepared the following production cost report for January for the Chuming Department Click the icon to view the January production cost report :) Read the regements Requirement 1. What journal entry(s) would have been made during the month to record manufacturing costs? (Use Wages Payable as the credit for the direct labor costs.) (Record debits first the credits. Exclude explanations from any journal entries.) Month Ended January 31 Production Cost Report Flow of Physical Units Joumal Entry Equivalent Units Direct Conversion Materials Costs Date Accounts Debit Credit Flow of Production Units to account for 25.000 1.000.000 Data Table Beginning work in process. January 1 Plus: Started in production during January Total physical units to account for Units accounted for Completed and transferred out 1.685.000 85,000 units 1.515.000 170,000 1515.000 170.000 1.515.000 85 000 1.000.000 units Plus Ending work in process. January 31 Requirements - X 1685.000 170,000 units Total physical units accounted for Total equivalent units 1.500 000 Units in beginning Work in Process (WIP) inventory Units started during the month (all direct materials, including cream and salt, are added at the beginning of the churning process) Unitsin ending Work in Process (WIP) inventory (50% of the way through the process) Cast information is as follows: WIP - Chumning Department balance as of January 1 Direct material cost included in beginning wip balance Conversion cost included in beginning WIP balance Beginning balance WIP January 1 Conversion 70 350 87.000 Direct Materials Total Costs to Account for and Cost per Equivalent Unit Costs 1 What journal entry's) would have been made during the month to record manufactumg costs? (Use Wages Payable as the credit for the direct labor costs) What journal entry is needed at the end of the month to transfer the cost of the butter out of the Chumning Department and into the next department me Farming Department 3 Past the journal entries to the Work in Process Inventory - Churning Department T-account 81000 157 350 Beginning work in process Plus Costs added during January 70.2505 1.800.000 Total costs to account for Divided by. Total equivalent units 1 TO 350 1.885.000 1.113 840 DDO 1.000.000 Manufacturing costs incurred during January Direct materials used Direce labor 5 Print Done 1.800.000 13.000 540,000 Cost per equivalent unit Direct Manufacturing overhead Total manufacturing costs entered into production during January 2.353,000 Conversion Costs Materials Total Assignment of total costs Completed and transferred out Print Done 1515.000 valent units completed and transferred out Multiplied by: Cost per equivalent unt Conte assigned to units completed and transferred out 1.515.000 1.113 S 1.881,050 5 806.000 52.287.650 Ending work in process Equivalent unitsin ending work in process. January 31 Multed by: Cest per equivalent unt Cosas assigned to unitsin ending work in process, January 31 370 000 1.11 5 85.000 0.40 $ 5 18.700 5 34.000 Total costs, accounted for Choose from any list or enter any number in the input fields and then click Check Answer Print Done parts 2 remaining Clear All Check