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Score: 0 /20 THIS IS EXERCISE 1 ONLY ALT-PROD-COST-REPORT The Mixing Department of Drake Manufacturing Company had beginning Work in Process of 2,000 pounds,
Score: 0 /20 THIS IS EXERCISE 1 ONLY ALT-PROD-COST-REPORT The Mixing Department of Drake Manufacturing Company had beginning Work in Process of 2,000 pounds, with cost of $7,600. A total of 54,000 pounds of material were requisitioned into the factory, with a cost of $452,000. Factory overhead applied to production was 80.00% of direct labor cost. The company ended up with 8,000 units in ending work in process that were 80.00% complete. The direct labor cost was $198,000. WIP-Mixing 0 Beg. WIP 0 0 Units Started 0 Units to Account For Beginning WIP 0 DM 0 DL 0 FO 0 $0 EQ UNITS 0 Units Completed & Transferred 100% 0 0 End WIP 80% 0 0 Units Accounts For 0 0000 Cost Per Unit Cost of Units Transferred Cost of Units in Ending WIP Total Cost in Department The units completed and transferred from the Mixing Department are moved to the Blending Department. Show the journal entry that would move the appropriate cost to the Blending Department. (But don't post it.) GENERAL JOURNAL DEBIT CREDIT
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