Question: Journal entries Required: Using the data in P5-9, determine: 1. The cost of goods received from Shaping during the month. 2. The production costs incurred

Journal entries

Required:

Using the data in P5-9, determine:

1. The cost of goods received from Shaping during the month.

2. The production costs incurred in Forming during the month.

3. The cost of goods completed and transferred to Finishing during themonth.

Journal entries Required: Using the data in P5-9, determine: 1.

Work in Process Forming Mar. 1 10,250 Mar. 31 50,000 31 Materials 31 Labor 31 Factory 4,000 8,000 6,000 overhead 31 Shaping 36,000

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