Faber Brot is a bread baking company located in Aachen, Germany, near the Dutch border The company uses a process costing system for its single producta popular pumper nickel bread Faber Brot has two processing departmentsMixing and Baking The T accounts below show the flow of costs through the two departments in April (all amounts are in euros not ) Required Prepare journal entries showing the flow of costs through the two processing departments during April Work in Process Mixing 10 000 Transferred out 330,000 260,000 190,000 Balance 14 Direct materials Direct labour Overhead 760000 Work in Process Baking 20 000 Transferred out 760,000 120,000 90,000 Balance 14 Transferred in Direct labour Overhead 980,000

Question: Faber Brot is a bread-baking company located in Aachen, Germany, near the Dutch border. The company uses a process costing system for its single producta

Faber Brot is a bread-baking company located in Aachen, Germany, near the Dutch border. The company uses a process costing system for its single product€”a popular pumper-nickel bread. Faber Brot has two processing departments€”Mixing and Baking. The T-accounts below show the flow of costs through the two departments in April (all amounts are in euros: ‚¬):

Required:
Prepare journal entries showing the flow of costs through the two processing departments during April.

Work in Process-Mixing 10.000 Transferred out 330,000 260,000 190,000 Balance 14 Direct materials Direct labour Overhead 760000 Work in Process-Baking 20.000 Transferred out 760,000 120,000 90,000 Balance 14 Transferred in Direct labour Overhead 980,000

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