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uality 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
uality 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. $26,500; and Firing Department. $4,200. b. Direct labor costs incurred: Molding Department, $17,000; and Firing Department, $4,600. c. Manufacturing overhead was applied: Molding Department, $25,400; and Firing Department, $38,400. 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 $70,000. 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 $109,000. f. Finished bricks were sold to customers. According to the company's process costing system, the cost of the finished bricks sold was $106,300. Required: Prepare journal entries to record items (a) through (f) 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. Prev 1 of 5 Next >
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