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produces a special ind of this used by cards. The grease is produced in Renungand Binding m e d at various porte Ring Department The following incomplete Work in Process account is for the terning Department for March: Work in Process Refining Department Director he March 1 work in process inventory in the Refining Department consists of the following elements materia, 57,400, direct labor, 53,000, and Overhead, 521.500 Costs incurred during March in the ending Department were m e d director $1600 and overhead cost applied to production, 8111,000 Required: 1. Prepare journal s to record the costored in both the Retning Department and Binding Department Ouring March Key your entries to the tems through go below a materials used in production Direct labor costs incurred e Manufacturing overhead con curred for the entire factory. 650.000 Credit Accounts Payable) d. Manufacturing overhead was applied to production using a predetermined overhead rate e Units that were complete with respect to processing in the Refining Department were transferred to the Blending Department, 5662,000 Units that were complete with respect to processing in the Blending Department were transferred to Finished Goods, 5740.000 Completed units were sold on account 51.410.000 The cost of Goods Sold was 620 000 2. Post the journal entries from (1) above to T-accounts. The following account balances existed the beginning of March (The beginning balance in the Refining Department's Work in Process is given in the Taccount shown above) $ 211 800 $ 43,000 Work in process Blending Department nished goods todo el SinglePrint View&singleQuestionNo=3.&p... 2/18/2

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