FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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- Your answer is partially correct.
Cullumber Company manufactures pizza sauce through two production departments: Cooking and Canning. In each process, materials
and conversion costs are incurred evenly throughout the process. For the month of April, the work in process accounts show the
following increases.
Direct Materials
Factory Labor
Manufacturing overhead
Costs transferred in
Direct materials used
Factory labor
Manufacturing overhead assigned
Transfer from Cooking to Canning
Work in Process-
Cooking
$24,500
Record the April transactions using the following format. (Enter negative amounts using either a negative sign preceding the
number e.g. -45 or parentheses e.g. (45).)
Raw Materials Inventory
$
(15400)
0
8,830
i
32,000
$
Manufacturing Costs
Factory Labor
0
Work in Process-
Canning
$9,100
7,560
(1270)
28,400
55,100
$
Manufacturing Overhead
(3600)
Cooking
Work in Process
0
0
0
0
$
Canning
0
0
0
55100
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Transcribed Image Text:- Your answer is partially correct. Cullumber Company manufactures pizza sauce through two production departments: Cooking and Canning. In each process, materials and conversion costs are incurred evenly throughout the process. For the month of April, the work in process accounts show the following increases. Direct Materials Factory Labor Manufacturing overhead Costs transferred in Direct materials used Factory labor Manufacturing overhead assigned Transfer from Cooking to Canning Work in Process- Cooking $24,500 Record the April transactions using the following format. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Raw Materials Inventory $ (15400) 0 8,830 i 32,000 $ Manufacturing Costs Factory Labor 0 Work in Process- Canning $9,100 7,560 (1270) 28,400 55,100 $ Manufacturing Overhead (3600) Cooking Work in Process 0 0 0 0 $ Canning 0 0 0 55100
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