Chocolaterie de Geneve, SA , is located in a French - speaking canton in Switzerland. The company
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Chocolaterie de Geneve, SA is located in a Frenchspeaking canton in Switzerland. The company makes chocolate truffles that are sold in popular embossed tins. The company has two processing departmentsCooking and Molding. In the Cooking Department, the raw ingredients for the truffles are mixed and then cooked in special candymaking vats. In the Molding Department, the melted chocolate and other ingredients from the Cooking Department are carefully poured into molds and decorative flourishes are applied by hand. After cooling, the truffles are packed for sale. The company uses a process costing system. The Taccounts below show the flow of costs through the two departments in April:Work in ProcessCookingDebitCreditBalance Transferred outDirect materialsDirect laborOverheadWork in ProcessMoldingDebitCreditBalance Transferred outTransferred inDirect laborOverheadRequired:Prepare journal entries showing the flow of costs through the two processing departments.Note: If no entry is required for a transactionevent select No journal entry required" in the first account field Record issuance of raw materials Record the direct labor incurred Record entry to apply manufacturing overhead Record the work completed in Cooking Department Record the work completed in Molding Department.
Related Book For
Managerial Accounting
ISBN: 978-1259307416
16th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
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