Hardy Company produces 18-ounce boxes of a rolled oat cereal in three departments: mixing, cooking, and packaging.

Question:

Hardy Company produces 18-ounce boxes of a rolled oat cereal in three departments: mixing, cooking, and packaging. During September, Hardy produced 200,000 boxes with the following costs:

Required:
1. Calculate the costs transferred out of each department.
2. Prepare journal entries that reflect these cost transfers.

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Managerial Accounting The Cornerstone of Business Decision Making

ISBN: 978-1337115773

7th edition

Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

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Question Posted: Jun 14, 2017 07:24 AM

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Hardy Company produces 18-ounce boxes of a rolled oat cereal in three departments: mixing, cooking, and packaging.

Question:

Mixing Department Cooking Packaging Department Direct materials Direct labor Applied overhead $285,500 50,000 65,000 Department $250,000 120,000 156,000 $600,500 90,000 117,000

Step by Step Answer:

Mixing Cooking Packaging 1 Direct materials 600500 285500 250000 Direct labor 90000 50000 1200...View the full answer

Managerial Accounting The Cornerstone of Business Decision Making

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