Entries for Flow of Factory Costs for Process Cost System
Radford Inc. manufactures a sugar product by a continuousprocess, involving three production departments—Refining, Sifting,and Packing. Assume that records indicate that direct materials,direct labor, and applied factory overhead for the firstdepartment, Refining, were $386,100, $135,100, and $88,800,respectively. Also, work in process in the Refining Department atthe beginning of the period totaled $21,600, and work in process atthe end of the period totaled $26,600.
a. Journalize the entries to record the flow ofcosts into the Refining Department during the period for (1) directmaterials, (2) direct labor, and (3) factory overhead. If an amountbox does not require an entry, leave it blank.
| 1. | | fill in the blank c45fd8fdafe6075_2 | fill in the blank c45fd8fdafe6075_3 |
| | fill in the blank c45fd8fdafe6075_5 | fill in the blank c45fd8fdafe6075_6 |
| 2. | | fill in the blank c45fd8fdafe6075_8 | fill in the blank c45fd8fdafe6075_9 |
| | fill in the blank c45fd8fdafe6075_11 | fill in the blank c45fd8fdafe6075_12 |
| 3. | | fill in the blank c45fd8fdafe6075_14 | fill in the blank c45fd8fdafe6075_15 |
| | fill in the blank c45fd8fdafe6075_17 | fill in the blank c45fd8fdafe6075_18 |
b. Journalize the entry to record the transferof production costs to the second department, Sifting. If an amountbox does not require an entry, leave it blank.
| | fill in the blank e4df07fedfb3fad_2 | fill in the blank e4df07fedfb3fad_3 |
| | fill in the blank e4df07fedfb3fad_5 | fill in the blank e4df07fedfb3fad_6 |
