Sweeties, Inc., manufactures a sugar product by a continuous process, involving three production departments-Refining, Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, Refining, were $371,000, $142,000, and $98,400, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $29,200, and work in process at the end of the period totaled $28,400. Required a. (1) On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for direct materials. a (2) On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for direct labor. b On September 30 eo b. On September 30, journalize the entry to record the transfer of production costs to the second department, Sifting." (3) On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for factory overhead.* Refer to the Chart of Accounts for exact wording of account titles. CHART OF ACCOUNTS Sweeties, Inc. General Ledger ASSETS REVENUE 110 Cash 410 Sales 121 Accounts Receivable 610 Interest Revenue 125 Notes Receivable EXPENSES 126 Interest Receivable 510 Cost of Goods Sold 131 Materials 520 Wages Expense 141 Work in Process-Refining 531 Selling Expenses 142 Work in Process-Sifting 532 Insurance Expense 143 Work in Process-Packing 533 Utilities Expense 151 Factory Overhead-Refining 534 Supplies Expense 152 Factory Overhead-Sifting 540 Administrative Expenses 153 Factory Overhead-Packing 561 Depreciation Expense-Factory 161 Finished Goods 171 Supplies 590 Miscellaneous Expense 710 Interest Expense 172 Prepaid Insurance 173 Prepaid Expenses 181 Land 191 Factory 192 Accumulated Depreciation-Factory LIABILITIES 210 Accounts Payable 221 Utilities Payable 231 Notes Payable 236 Interest Payable 251 Wages Payable EQUITY 311 Common Stock 340 Retained Earnings 351 Dividends 390 Income Summary a(1). On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for direct materials. Refer to the Chart of Accounts for exact wording of account titles. PAGE 10 JOURNAL DATE DESCRIPTION POST. REF DEBIT CREDIT a(2). On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for direct labor. Refer to the Chart of Accounts for exact wording of account titles. PAGE 10 JOURNAL POST. REF DATE DESCRIPTION DEBIT CREDIT a(3). On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for factory overhead. Refer to the Chart of Accounts for exact wording of account titles. PAGE 10 JOURNAL DATE DESCRIPTION POST. REF DEBIT CREDIT b. On September 30, journalize the entry to record the transfer of production costs to the second department, Sifting. Refer to the Chart of Accounts for exact wording of account titles. PAGE 10 JOURNAL POST. REF DATE DESCRIPTION DEBIT CREDIT
