Jambo Company produces homemade jam. The company has two sequential production depart¬ ments, Cooking and Canning. The fruit is washed and cooked in the Cooking department and then transferred to Canning to be packaged in glass jars. From Canning, the jars are transferred to Finished Goods Inventory and then are sold.

Jambo has compiled the following information for the month of May:

Required:

Prepare the following journal entries for Jambo: 

1. Amount of direct materials, direct labor, and manufacturing overhead incurred for the Cooking department. 

2. Transfer of products from Cooking to Canning. 

3. Amount of direct materials, direct labor, and manufacturing overhead incurred by the Canning department. 

4. Transfer of jam from Canning to Finished Goods.

Transcribed Image Text:

Beginning work in process Cooking $ 0 Canning $ 8,350 Materials 3,500 2,000 Labor 4,000 3,100 Overhead 9,300 7,900 Costs transferred out 14,900 21,250