Sweeties, Inc., manufactures a sugar product by a continuous process involving three production departments—Refining, Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first department, Refining, were $371,000, $142,000, and $98,400, respectively. Also, work in process in the Refining Department at the beginning of the period totaled $29,200, and work in process at the end of the period totaled $28,400.Required:a.1.On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for direct materials.*2.On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for direct labor.*3.On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for factory overhead.*b.On September 30, journalize the entry to record the transfer of production costs to the second department, Sifting.* **Educational Website Transcription**---**Journal Entries for Refining Department Costs****a1. September 30 Entry for Direct Materials Costs**On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for direct materials. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries.**Journal**| DATE | DESCRIPTION | POST. REF. | DEBIT | CREDIT | ASSETS | LIABILITIES | EQUITY ||------|-------------|------------|-------|--------|--------|-------------|--------|| 1 | | | | | | | || 2 | | | | | | | |---**a2. September 30 Entry for Direct Labor Costs**On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for direct labor. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries.**Journal**| DATE | DESCRIPTION | POST. REF. | DEBIT | CREDIT | ASSETS | LIABILITIES | EQUITY ||------|-------------|------------|-------|--------|--------|-------------|--------|| 1 | | | | | | | || 2 | | | | | | | |---**Explanation**The tables illustrate journal entries for documenting costs associated with direct materials and direct labor in the Refining Department. Each table represents a page of a journal specifically focusing on how these costs impact the accounting equation (Assets = Liabilities + Equity). The tables present columns for Date, Description, Posting Reference, Debit, Credit, Assets, Liabilities, and Equity, which are essential for detailed accounting record-keeping. ### Journalizing Entries for Manufacturing Departments#### a3. Recording Costs for the Refining Department**Task:** On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for factory overhead. **Instructions:** Use the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries.**Journal Entry Template:**| Date | Description | Post. Ref. | Debit | Credit | Assets | Liabilities | Equity ||------------|-------------|------------|-------|--------|--------|-------------|--------|| (1) | | | | | | | || (2) | | | | | | | |---#### b. Transferring Costs to the Sifting Department**Task:** On September 30, journalize the entry to record the transfer of production costs to the second department, Sifting.**Instructions:** Again, refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries.**Journal Entry Template:**| Date | Description | Post. Ref. | Debit | Credit | Assets | Liabilities | Equity ||------------|-------------|------------|-------|--------|--------|-------------|--------|| (1) | | | | | | | || (2) | | | | | | | |### Explanation of Tables:- **Date:** The date when the transaction is recorded.- **Description:** A brief description of the transaction or account.- **Post. Ref.:** An abbreviation for "Posting Reference," indicating where the entry is posted in the ledger.- **Debit/Credit:** The monetary value being debited or credited.- **Assets/Liabilities/Equity:** Columns showing changes in each part of the accounting equation due to the transaction.

Name: Sweeties, Inc., manufactures a sugar product by a continuous process i
Uploaded: 2024-03-20T06:32:49.000Z
Channel: Bartleby
Description: Sweeties, Inc., manufactures a sugar product by a continuous process involving three production departments—Refining, Sifting, and Packing. Assume that records indicate that direct materials, direct labor, and applied factory overhead for the first d

Refining Department: Direct Materials = $371,000 Direct Labor = $142,000 Applied factory overhead = $98,400 Beginning work in process = $29,200 Ending work in process = $28,400.A) Journal Entry: Date Description Debit Credit Asset September 30 Work in process - Refining Department $371,000 Increase Direct Material Account $371,000 Decrease B) Journal Entry: Date Description Debit Credit Asset September 30 Work in process - Refining Department $142,000 Increase Direct Labour Account $142,000 Decrease C) Journal Entry: Date Description Debit Credit Asset September 30 Work in process - Refining Department $98,400 Increase Factory Overhead Account $98,400 DecreaseD) Journal Entry: Date Description Debit Credit Asset September 30 Production cost - Sifting Department $611,400 Increase Work in process - Refining Department $611,400 Decrease