Question

Harrelson 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 debits.

Cooking Canning
Beginning work in process $0 $4,710
Materials 22,030 10,200
Labor 8,740 8,020
Overhead 32,760 28,340
Costs transferred in 55,850
ournalize the April transactions.

Answer 1

Answer and Explanation:

The journal entries are shown below:

On April 30

WIP-cooking Dr $22,030

WIP- Canning $10,200

To Raw material inventory $32,230

(Being material used is recorded)

WIP-cooking Dr $8,740

WIP- Canning $8,020

To Factory labor $16,760

(Being assigned of factory labor to production is recorded)

WIP-cooking Dr $32,760

WIP- Canning $28,340

To Manufacturing overhead $61,100

(Being assigned of overhead to production is recorded)

WIP Canning $55,850

To WIP cooking $55,850

(being cost transferred in recorded)