Question

Q.2 Blue Diamond Company manufactures ZEBO through two processes: blending and bottling. In June, raw materials...

Q.2 Blue Diamond Company manufactures ZEBO through two processes: blending and bottling. In June, raw materials used were Blending $18,000 and Bottling $4,000. Factory labor costs were Blending $12,000 and Bottling $5,000. Manufacturing overhead costs were Blending $6,000 and Bottling $2,500. The company transfers units completed at a cost of $19,000 in the Blending Department to the Bottling Department. The Bottling Department transfers units completed at a cost of $11,000 to Finished Goods. Journalize the assignment of these costs to the two processes and the transfer of units as appropriate. ?

solve the above question step by step in proper format .

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1
General Journal Debit Credit
Work in process-Blending $18,000
Work in process-Bottling 4,000
Raw material inventory $22,000
Work in process-Blending $12,000
Work in process-Bottling 5,000
Factory labor $17,000
Work in process-Blending $6,000
Work in process-Bottling 2,500
Manufacturing overhead $8,500
Work in process-Bottling $19,000
Work in process-Blending $19,000
Finished goods inventory $11,000
Work in process-Bottling $11,000
0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Errors in Equivalent Unit Computation Napco Refining Company processes gasoline. On June 1 of the current...
Errors in Equivalent Unit Computation Napco Refining Company processes gasoline. On June 1 of the current year, 4,600 units were 3/5 completed in the Blending Department. During June, 36,800 units entered the Blending Department from the Refining Department. During June, the units in process at the beginning of the month were completed. Of the 36,800 units entering the department, all were completed except 6,000 units that were 1/5 completed. The equivalent units for conversion costs for June for the Blending...
Errors in Equivalent Unit Computation Napco Refining Company processes gasoline. On June 1 of the current...
Errors in Equivalent Unit Computation Napco Refining Company processes gasoline. On June 1 of the current year, 7,500 units were 3/5 completed in the Blending Department. During June, 67,500 units entered the Blending Department from the Refining Department. During June, the units in process at the beginning of the month were completed. Of the 67,500 units entering the department, all were completed except 9,000 units that were 1/5 completed. The equivalent units for conversion costs for June for the Blending...
White Diamond Flour Company manufactures flour by a series of three processes, beginning with wheat grain...
White Diamond Flour Company manufactures flour by a series of three processes, beginning with wheat grain being introduced in the Milling Department. From the Milling Department, the materials pass through the Sifting and Packaging departments, emerging as packaged refined flour. The balance in the account Work in Process-Sifting Department was as follows on July 1: Work in Process-Sifting Department (850 units, 3/5 completed): Direct materials (850 × $2.15) $1,828 Conversion (850 × 3/5 × $0.50) 255 $2,083 The following costs...
part a The Duerr Company manufactures a single product. All raw materials used are traceable to...
part a The Duerr Company manufactures a single product. All raw materials used are traceable to specific units of product. Current information for the Duerr Company follows: Beginning raw materials inventory $ 16,000 Ending raw materials inventory 19,000 Raw material purchases 93,000 Beginning work in process inventory 28,000 Ending work in process inventory 38,000 Direct labor 118,000 Total factory overhead 93,000 Beginning finished goods inventory 68,000 Ending finished goods inventory 48,000 The company's cost of raw materials used, cost of...
Company manufactures one product that goes through one processing department called Mixing. All raw materials are...
Company manufactures one product that goes through one processing department called Mixing. All raw materials are introduced at the start of work in the Mixing Department. The company uses the weighted-average method of process costing. Its Work in Process T-account for the Mixing Department for June follows (all forthcoming questions pertain to June): Work in Process—Mixing Department June 1 balance 25,000 Completed and transferred to Finished Goods ? Materials 157,080 Direct labor 99,500 Overhead 117,000 June 30 balance ? The...
Brady Products manufactures a silicone paste wax that goes through three processing departments—Cracking, Blending, and Packing....
Brady Products manufactures a silicone paste wax that goes through three processing departments—Cracking, Blending, and Packing. All of the raw materials are introduced at the start of work in the Cracking Department. The Work in Process T-account for the Cracking Department for May follows: Work in Process—Cracking Department   Inventory, May 1 (42,000 kilograms,     conversion 4/5 complete) 102,900 Completed and transferred to Blending (   ?    kilograms)      ?        May costs added:      Raw materials (341,000 kilograms) 640,980      Conversion costs 281,787   Inventory, May 31...
Company manufactures soccer balls through a two-step process.   First, the raw materials (polyurethane, rubber, polyester, and...
Company manufactures soccer balls through a two-step process.   First, the raw materials (polyurethane, rubber, polyester, and latex) are molded together in the Molding Department and then are transferred to the Stitching Department to complete the manufacturing process.   Company uses the First-In-First-Out method of Process Costing. Data relating to manufacturing activity in the Molding Department during the month of February is shown below: Beginning Balance, Work in Process, (300 units, 60% complete)                 $3,000 Direct Materials (4,200 units started) 20,160 Direct Labor...
Raw materials purchases (on credit).  Assume the firm purchased $282,000 worth of raw materials in March. Direct...
Raw materials purchases (on credit).  Assume the firm purchased $282,000 worth of raw materials in March. Direct materials used in production:  Mixing Department: $250,000;  Packaging Department: $16,500. Direct labor used in production (assume not paid in Cash, use the Factory Wages Payable account for the credit):  Mixing Department: $60,000;  Packaging Department:  $31,800. Overhead costs applied:  Mixing Department: $84,000;  Packaging Department:  $44,520. Actual Indirect materials used:  $16,200. Actual Indirect labor used (assume did not pay Cash, use the ‘Factory Wages Payable’ account for the credit):  $23,700. Actual other overhead costs incurred:  $88,750 (credit...
Problem 21-1A Fire Out Company manufactures its product, Vitadrink, through two manufacturing processes: Mixing and Packaging....
Problem 21-1A Fire Out Company manufactures its product, Vitadrink, through two manufacturing processes: Mixing and Packaging. All materials are entered at the beginning of each process. On October 1, 2017, inventories consisted of Raw Materials $27,100, Work in Process—Mixing $0, Work in Process—Packaging $251,300, and Finished Goods $290,300. The beginning inventory for Packaging consisted of 12,600 units that were 50% complete as to conversion costs and fully complete as to materials. During October, 54,900 units were started into production in...
Ceramic Painting prepares and packages paint products. Ceramic PaintingCeramic Painting has two​ departments: Blending and Packaging....
Ceramic Painting prepares and packages paint products. Ceramic PaintingCeramic Painting has two​ departments: Blending and Packaging. Direct materials are added at the beginning of the blending process​ (dyes) and at the end of the packaging process​ (cans). Conversion costs are added evenly throughout each process. The company uses the​weighted-average method. Data from the month of May for the Blending Department are as​ follows: Gallons Beginning Work-in-Process Inventory 0 gallons Started in production 6,600 gallons Completed and transferred out to Packaging...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT