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Quality Brick Company produces bricks in two processing departments --Molding and Firing. Information relating to the company's operations in March follows: a. Raw materials used in production: Molding Department. $28,500; and Firing Department, $4,700. b. Direct labor costs incurred: Molding Department, 518,300; and Firing Department, $4700. c. Manufacturing overhead was applied Molding Department, $23.700, and Firing Department. $37,000 d. Unfired, molded bricks were transferred from the Molding Department to the Firing Department. According to the company's process costing system, the cost of the unfired, molded bricks was $67,500 e. Finished bricks were transferred from the Firing Department to the finished goods warehouse. According to the company's process costing system, the cost of the finished bricks was $107100 Finished bricks were sold to customers. According to the company's process costing system, the cost of the finished bricks sold was $105,700 Required: Prepare journal entries to record items (a) through 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 1 2 3 4 5 6 > Record issuance of raw materials for use in production Transaction 3 General Journal Debit Credit d. Unfred, molded bricks were process costing system, the cost of the unfired, molded bricks was $67,500. e. Finished bricks were transferred from the Firing Department to the finished goods warehouse. According to the company's process costing system, the cost of the finished bricks was $107,100. Finished bricks were sold to customers. According to the company's process costing system, the cost of the finished bricks sold was $105,700 Required: Prepare journal entries to record items (a) through (1) 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 Record issuance of raw materials for use in production Note Beter debits before credits Transaction General Journal Debit Credit Record entry Chery View all d. Unfired, molded bricks were transferred from the process costing system, the cost of the unfired, molded bricks was $67,500. e. Finished bricks were transferred from the Firing Department to the finished goods warehouse. costing system, the cost of the finished bricks was $107,100. f. Finished bricks were sold to customers. According to the company's process costing system, the was $105,700. Required: Prepare journal entries to record items (a) through (f) above. (If no entry is required for a transaction required" in the first account field.) View transaction list Journal entry worksheet 1 3 4 5 6 Record direct labor costs incurred. Note: Enter debits before credits. Transaction General Journal b Debit Credit Record entry Clearen View general journal b. Direct labor c. Manufacturing overhead was applied: Molding Department, $23,700, and Firing d. Unfired, molded bricks were transferred from the Molding Department to the Firing Departmer process costing system, the cost of the unfired, molded bricks was $67,500. e. Finished bricks were transferred from the Firing Department to the finished goods warehouse costing system, the cost of the finished bricks was $107,100. f. Finished bricks were sold to customers. According to the company's process costing system, t was $105,700 Required: Prepare journal entries to record items (a) through (f) above. (If no entry is required for a transac required" in the first account field.) View transaction list Journal entry worksheet Record entry to apply manufacturing overhead. Note: Enter debits before credits. Transaction General Journal Debit Credit C Record entry Clear enly View general journal ACTIVITY BASED COSTING 0 b. Direct labor costs incurred: Molding Department, $18,300, and Firing Department, $4,700. c. Manufacturing overhead was applied: Molding Department, $23,700; and Firing Department d. Unfired, molded bricks were transferred from the Molding Department to the Firing Departm process costing system, the cost of the unfired, molded bricks was $67,500. e. Finished bricks were transferred from the Firing Department to the finished goods warehous costing system, the cost of the finished bricks was $107,100. f. Finished bricks were sold to customers. According to the company's process costing system, was $105,700 Required: Prepare journal entries to record items (a) through (f) above. (If no entry is required for a transa required in the first account field.) View transaction list Journal entry worksheet Record transfer of finished bricks from the Firing Department to the finished goods warehouse. Note: Enter debits before credits Transaction General Journal Debit Credit e Record entry Clear entry View general journal process costing syste e. Finished bricks were transferred from the Firing Department to the finished goods warehou costing system, the cost of the finished bricks was $107,100. f. Finished bricks were sold to customers. According to the company's process costing systen was $105,700 Required: Prepare journal entries to record items (a) through (f) above. (If no entry is required for a transe required" in the first account field.) View transaction list Journal entry worksheet
