Record the following process costing transactions in the general journal:
a. Purchase of raw materials on account, ............ $9,000
b. Requisition of direct materials to
Assembly Department, ................... $4,000
Finishing Department, .................... $2,000
c. Incurrence and payment of manufacturing labour, ........ $10,800
d. Incurrence of manufacturing overhead costs:
Property taxes—plant, ................... $1,900
Utilities—plant, ....................... $4,500
Insurance—plant, ...................... $1,100
Depreciation—plant, .................... $3,400
e. Assignment of conversion costs to the Assembly Department:
Direct labour, ........................ $4,700
Manufacturing overhead, ................... $2,900
f. Assignment of conversion costs to the Finishing Department:
Direct labour, ....................... $4,400
Manufacturing overhead, .................. $6,200
g. Cost of goods completed and transferred out of the Assembly Department to the
Finishing Department, ................... $10,250
h. Cost of goods completed and transferred out of the Finishing Department into Finished
Goods Inventory, ....................... $15,600