Juniper Company manufactures a sugar product by a process system the records ind
ID: 2452121 • Letter: J
Question
Juniper Company manufactures a sugar product by a process system the records indicate that direct materials, direct labor and applied factory overhead for the first department, refining, were $145,000, $96,00 $31,600, respectively. Also, work in process in the refining department at the beginning of the period totalled $22,000, and work in process at the end of the period totalled $67,000 Required: make the entries to record: the flow of costs into the refining department Direct materials Direct labor Factory overhead The transfer of production costs to the second department, SiftingExplanation / Answer
a)
b)
Work in Process transfer to second deptt = Beginning WIP + Cost Added - Ending WIP
Work in Process transfer to second deptt = 22000 + (145000+96000+31600) - 67000
Work in Process transfer to second deptt = $ 227,600
No Account Title & Explaination Debit Credit a) Work in Process- refining 145000 Direct Material 145000 b) Work in Process-refining 96000 Direct Labor 96000 c) Work in Process-refining 31600 Factory Overhead 31600Related Questions
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