The provided data for production costing of Allen Company which hybrid costing is applied. All production has to begin at department A before it continues to either the department B or the department C. The following information occur during March 2018

Department A uses the weighted-average inventory method in its process costing system. Applied based on direct material cost used. The beginning inventory consisted of 400 units; the costs and percentage completion of these units in beginning inventory were: Cost Percentage of completion

Direct Materials cost $8,000 40%

Direct Labor cost 12,000 25%

Manufacturing Overhead 8,000 35%

During the month, a total of 800 units were started and 1,000 units were completed during the month. The following costs were incurred in this processing department during the month:

Direct materials cost $142,000; Direct Labor cost $138,000; Overhead $123,456 The ending inventory was 60% complete with respect to materials and 40% complete with respect to labor and overhead cost. 60% of finished goods have been transferred to department B, while 40% of finished goods have been transferred to department C. Department B uses a job-order costing system. Zero defect/spoiled policy applied. 600 unit produced while the following activity took place:

a. 20 kg which $2,500 per kg of raw materials has been reported as beginning materials

b. 100 kg of Raw materials purchased at total of $350,000

c. $300,000 Direct materials requisitioned for use in production, 40% of them charge into Job#581; the rest charge into Job#582

d. Returned $ 50,000 raw materials of Job#581 to warehouse

e. Returned $ 50,000 raw materials from warehouse to supplier

f. Manufacturing overhead was applied at a rate of 100% of direct materials used

g. Salaries and wages cost incurred: Direct labor cost; $26,000 and $14,000 identified as cost of Job#581 and 582, respectively Indirect labor cost, $150,000 charge to each job equally.

h. Depreciation on factory equipment, $30,000; 1/3 charge to job#581.

i. Factory utility costs incurred, $70,000 charge to each job equally.

j. Job#581 has been finished, account for 300 units which all of them sold at 150% mark up

k. Job#582 300 units informed started, where 250 units reported as ending work in process

Department C uses the FIFO inventory method in its process costing system. No beginning inventory has been found. Standard cost sheet required 2 kgs of direct material per 1 unit completed where standard price is $10 per kg; 2 direct labor hour where standard rate is 5$ per 1 unit completed for conversion cost. 300 units were completed during the month; no ending work in process has been found. 10% of united started can be treated as normal spoilage. All material added at the beginning to the process. Quality assurance performs at 50% of work completed. The following costs were incurred in this processing department during the month: Direct materials cost $121,133; Direct Labor cost $105,000

Required Journal entries for related transactions Inventories to be reported on statement of financial position Cost of goods sold to be announced on income statement