The Mixing Department performs a series of processes in which a fluid chemical is concentrated. Records indicate that the Mixing Department has been charged with $160,000 of direct labor costs. The manufacturing overhead rate is 150% of direct labor costs. Beginning work in process was $560,000, and ending work in process totaled $85,000. One- half of this period's completed products is sold on account at a price equal to 160% of its cost.

Prepare journal entries to record (1) various costs charged to the Mixing Department this period, (2) transfer of this period's completed product, and (3) sale of one-half of this period's production.

Ojest on 4 Partially correct Mark 0.67 out of 1.00 Flag question Cost Flows Through Journal Entries The Mixing Department performs a series of processes in which a fluid chemical is concentrated. Records indicate that the Mixing Department has been charged with $160,000 of direct labor costs. T Prepare journal entries to record (1) various costs charged to the Mixing Department this period, (2) transfer of this period's completed product, and (3) sale of one-half of this period's production. Debit OX Credit 0 0 % OX OX OX General Journal Ref. Description (1) Work in process-Mixing Department Wages payable . To record direct labor costs. Work in process-Mixing Department + Manufacturing overhead sover To record manulacturing overhead (2) Finished goods inventory Work in process Mixing Department To record completed production (3) Cost of goods sold Finished goods inventory To record cost of goods sold. Accounts receivable Sales . To record this period's sales. . OX UX OX . 0 % 0 X Check You have correctly selected 20. Partially correct Marks for this submission; 0.67/1.00