Caly Games Inc. has two producing departments-fabricating and assembly. The following data is from the firm's records for the month of June 2016. There were no beginning inventories.

INSTRUCTIONS
1. In general journal form, record the flow of costs that follow. Date all entries June 30, 2016:
a. The issuance of materials to each department
b. The monthly payroll withholdings for the producing departments: social security, $3,925.00; Medicare, $918.00; federal income tax, $9,495
c. The distribution of manufacturing overhead to each department
2. Prepare equivalent production computations for each department.
3. Prepare a cost of production report for each department.
4. Record the following in general journal form:
a. The transfer of goods from the fabricating department to the assembly department
b. The transfer of completed goods from the assembly department to the finished goods storeroom
c. Sales on credit for $152,100; these goods cost $106,500 to manufacture
Analyze:
What was the balance of the Work in Process account for the fabricating department on June 30?

Transcribed Image Text:

Fabricating Department Assembly Department Costs Materials Labor Manufacturing overhead Total costs S 60,000.00 46,980.00 24,940.00 S131,920.00 S10,000.00 16,320.00 11,040.00 37,360.00 Quantities Started in production Transferred in from prior department Transferred out to next department Transferred out to finished goods Work in process-ending 6,000 5,000 1,000 5,000 4,600 400 Stage of Completion-Ending Work in Process Materials Labor Manufacturing overhead 100% 80 80 100% 50 50