Kopa Company manufactures CH21 through two processes Mixing

Kopa Company manufactures CH-21 through two processes: Mixing and Packaging. In July, the following costs were incurred. Mixing Packaging Raw materials used $10,800 $28,700 Factory labor costs 8,100 35,900 Manufacturing overhead costs 12,500 54,700 Units completed at a cost of $20,700 in the Mixing Department are transferred to the Packaging Department. Units completed at a cost of $105,100 in the Packaging Department are transferred to Finished Goods. Journalize the assignment of these costs to the two processes and the transfer of units as appropriate. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Account Titles and Explanation Debit Credit

(To record materials used)

Account Titles and Explanation Debit Credit

(To assign factory labor to production)

Account Titles and Explanation Debit Credit

(To assign overhead to production)

Account Titles and Explanation Debit Credit

(To record transfer of units to the Packaging Department)

Account Titles and Explanation Debit Credit?

(To record transfer of units to finished goods)

LIST OF ACCOUNTS

Accounts Payable
Accounts Receivable
Cash
Cost of Goods Sold
Factory Labor
Finished Goods Inventory
Manufacturing Overhead
Raw Materials Inventory
Sales Revenue
Wages Payable
Work in Process - Assembly
Work in Process - Blending
Work in Process - Canning
Work in Process - Cooking
Work in Process - Cutting
Work in Process - Finishing
Work in Process - Machining
Work in Process - Mixing
Work in Process - Packaging

Solution

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