The cost of materials transferred into the Filling Department of Savannah Lotion Company is $13,300, including $5,000 from the Blending Department and $8,300 from the materials storeroom. The conversion cost for the period in the Filling Department is $3,100 ($1,100 factory overhead applied and $2,000 direct labor). The total cost transferred to Finished Goods for the period was $17,378. The Filling Department had a beginning inventory of $1,200.
a. Journalize (1) the cost of transferred-in materials, (2) conversion costs, and (3) the costs transferred out to Finished Goods.
b. Determine the balance of Work in Process—Filling at the end of the period.
Answer:
a.
Work in Process—Filling 3,100
Factory Overhead—Filling 1,100
Wages Payable 2,000
Finished Goods 17,378
Work in Process—Filling 17,378
b. $222 ($1,200 + $13,300 + $3,100 – $17,378)
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