Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Mixing Department incurred the following costs during the? month: Direct Direct Manufacturing Materials Labor Overhead Allocated Beginning WIP $275 $50 $60 Added this month

The Mixing Department incurred the following costs during the? month:

Direct

Direct

Manufacturing

Materials

Labor

Overhead Allocated

Beginning WIP

$275

$50

$60

Added this month

300

230

550

Total

$575

$280

$610

What is the journal entry to record the costs incurred during the? month?

Date

Accounts and Explanation

Debit

Credit

A.

Work-in-Process Inventory - Mixing

1,465

Raw Materials Inventory

575

Wages Payable

280

Manufacturing Overhead

610

B.

Work-in-Process Inventory - Mixing

3,040

Transfer Costs

1,575

Raw Materials Inventory

575

Wages Payable

280

Manufacturing Overhead

610

C.

Work-in-Process Inventory - Mixing

1,080

Raw Materials Inventory

300

Wages Payable

230

Manufacturing Overhead

550

D.

Work-in-Process Inventory - Mixing

1,080

Raw Materials Inventory

300

Conversion Costs

780

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions