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the shown answer in the photo is wrong 3 of 5 (4 complete) E5-31A (similar to) Johnson Dairy produces an organic butter that is sold
the shown answer in the photo is wrong
3 of 5 (4 complete) E5-31A (similar to) Johnson Dairy produces an organic butter that is sold by the pound. The production of the butter begins in the Churning Department. Johnson Dairy's Data for the Churning Department for January follows: (Click the icon to view the data from January.) Johnson Dairy prepared the following production cost report for January for the Churning Department: (Click the icon to view the January production cost report.) Read the requirements Requirement 1. What journal entry(s) would have been made during the month to record manufacturing costs? (Use Wages Payable as the credit for the direct labor costs.) (Record debits first, then credits. Exclude explanations from any journal entries.) Date Debit Credit Journal Entry Accounts Wages Payable Work in Process Inventory-Churning Data Table - X 13000 13000 85,000 units Requirements 1,600,000 units 170,000 units Units in beginning Work in Process (WIP) inventory Units started during the month (all direct materials, including cream and salt, are added at the beginning of the churing process) Units in ending Work in Process (WIP) inventory (50% of the way through the process) Cost information is as follows: WIP - Churning Department balance as of January 1: Direct material cost included in beginning WIP balance Conversion cost included in beginning WIP balance Beginning balance, WIP, January 1 1. What journal entry(s) would have been made during the month to manufacturing costs? (Use Wages Payable as the credit for the labor costs.) 2. What journal entry is needed at the end of the month to transfer the of the butter out of the Churning Department and into the department, the Forming Department? 3. Post the journal entries to the "Work in Process Inventory - Churning Department" T-account 70,350 87.000 $ 157 350 Print Done Manufacturing costs incurred during January: Direct materials used $ Direct labor 1.800,000 13,000 540,000 Manufacturing overhead Total manufacturing costs entered into production during January $ 2 353,000 Print Done Choose from any list or enter any number in the input fields and then click Check Answer Clear All 2 parts remaining 3 of 5 (4 complete) E5-31A (similar to) Johnson Dairy produces an organic butter that is sold by the pound. The production of the butter begins in the Churning Department. Johnson Dairy's Data for the Churning Department for January follows: (Click the icon to view the data from January.) Johnson Dairy prepared the following production cost report for January for the Churning Department: (Click the icon to view the January production cost report.) Read the requirements Requirement 1. What journal entry(s) would have been made during the month to record manufacturing costs? (Use Wages Payable as the credit for the direct labor costs.) (Record debits first, then credits. Exclude explanations from any journal entries.) Date Debit Credit Journal Entry Accounts Wages Payable Work in Process Inventory-Churning Data Table - X 13000 13000 85,000 units Requirements 1,600,000 units 170,000 units Units in beginning Work in Process (WIP) inventory Units started during the month (all direct materials, including cream and salt, are added at the beginning of the churing process) Units in ending Work in Process (WIP) inventory (50% of the way through the process) Cost information is as follows: WIP - Churning Department balance as of January 1: Direct material cost included in beginning WIP balance Conversion cost included in beginning WIP balance Beginning balance, WIP, January 1 1. What journal entry(s) would have been made during the month to manufacturing costs? (Use Wages Payable as the credit for the labor costs.) 2. What journal entry is needed at the end of the month to transfer the of the butter out of the Churning Department and into the department, the Forming Department? 3. Post the journal entries to the "Work in Process Inventory - Churning Department" T-account 70,350 87.000 $ 157 350 Print Done Manufacturing costs incurred during January: Direct materials used $ Direct labor 1.800,000 13,000 540,000 Manufacturing overhead Total manufacturing costs entered into production during January $ 2 353,000 Print Done Choose from any list or enter any number in the input fields and then click Check Answer Clear All 2 parts remainingStep by Step Solution
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