Domino Foods, Inc., manufactures a sugar product by a continuous process, involv

Question

Domino Foods, Inc., manufactures a sugar product by a continuous process, involving three production departments—Refining, Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, Refining, were $335,000, $127,000, and $91,200, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $26,800, and work in process at the end of the period totaled $24,400. a. Journalize the entries to record the flow of costs into the Refining Department during the period for (1) direct materials, (2) direct labor, and (3) factory overhead.

Explanation / Answer

Answer: Journal entry:

Work-in-Process - Refining A/C Dr. $335000

    To Material Inventory    $3,35,000

(To record materials requisition to job)

Work-in-Process - Refining A/C Dr. $127000

    To Wages payable A/C    $127000

(To record direct labor used )

Work-in-Process- Refining A/C Dr. $91200

    To Factory overhead A/C    $91200

(To record Factory overhead applied)

Related Questions

Navigate

• Browse (All)
• Browse D
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.