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sweeten Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories It started only two jobs during March-Job P
sweeten Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories It started only two jobs during March-Job P and Job Q. Job P was completed and sold by the end of the March and Job Q was incomplete at the end of the March. The company uses a plant wide predetermined overhead rate based on direct labor-hours. The following additional information is available for the company as a whole and for Jobs P and Q (all data and questions relate to the month of March): Assume the ending raw materials inventory is $2,200 and the company does not use any indirect materials. Required: Prepare the journal entry to transfer costs from Work in Process to Finished Goods
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