Bayas Corporation uses process costing with 2 departments: first Mixing, and then on to Drying. In June, Direct labor costs of $17,500 are incurred, but not yet paid, in the Mixing Department. The journal entry to record this transaction would be: Salaries & Wages Payable Work in Process - Mixing Salaries & Wages Payable Work in Process - Drying Work in Process - Mixing Salaries and Wages Payable Work in Prcess-Mixing Cash Debit 17,500 Debit 17,500 Debit 17,500 Debit 17,500 Credit 17,500 Credit 17,500 Credit 17,500 Credit 17,500

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Bayas Corporation uses process costing with 2 departments: first Mixing, and then
on to Drying.
In June, Direct labor costs of $17,500 are incurred, but not yet paid, in the Mixing
Department.
The journal entry to record this transaction would be:
Salaries & Wages Payable
Work in Process - Mixing
Salaries & Wages Payable
Work in Process - Drying
Work in Process - Mixing
Salaries and Wages Payable
Work in Prcess - Mixing
Cash
Debit
17,500
Debit
17,500
Debit
17,500
Debit
17,500
Credit
17,500
Credit
17,500
Credit
17,500
Credit
17,500
B
Transcribed Image Text:Bayas Corporation uses process costing with 2 departments: first Mixing, and then on to Drying. In June, Direct labor costs of $17,500 are incurred, but not yet paid, in the Mixing Department. The journal entry to record this transaction would be: Salaries & Wages Payable Work in Process - Mixing Salaries & Wages Payable Work in Process - Drying Work in Process - Mixing Salaries and Wages Payable Work in Prcess - Mixing Cash Debit 17,500 Debit 17,500 Debit 17,500 Debit 17,500 Credit 17,500 Credit 17,500 Credit 17,500 Credit 17,500 B
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