Crane 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 inventory accounts show the following debits. Current Attempt in Progress Cooking Canning Beginning work in process $0 $3,280 Direct materials 17,220 7,380 Direct labor 6,970 5,740 Manufacturing overhead 25,830 21,160 Costs transferred in 43,460 Credit Journalize the April transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation April 30 4x F2 30 (To record materials used). 30 (To assign direct labour to production) 4 # 3 F3 Search 12 $ 64 E R 14 F5 % 95 Debit * F6 96 99+ N * PrtScn Home End F7 F8 F9 F10 27 & T Y U * 8 8 6 9 9 0

Crane 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 inventory accounts show the following debits. Current Attempt in Progress Cooking Canning Beginning work in process $0 $3,280 Direct materials 17,220 7,380 Direct labor 6,970 5,740 Manufacturing overhead 25,830 21,160 Costs transferred in 43,460 Credit Journalize the April transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation April 30 4x F2 30 (To record materials used). 30 (To assign direct labour to production) 4 # 3 F3 Search 12 $ 64 E R 14 F5 % 95 Debit * F6 96 99+ N * PrtScn Home End F7 F8 F9 F10 27 & T Y U * 8 8 6 9 9 0

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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