Question: 1. Prepare a T-account for the Work in Process Inventory-Shells showing all activity that took place in the account during June. Work in Process Inventory-Shells
1. Prepare a T-account for the Work in Process Inventory-Shells showing all activity that took place in the account during June. Work in Process Inventory-Shells Beginning Balance 18800 41900 Direct materials used Direct labor 12600 Transferred to Packaging Manufacturing overhead allocated 17000 126600 Transferred in from Centers Ending Balance 2. What is the ending balance in the Work in Process Inventory-Shells on June 30? What does this figure represent? The ending balance of the cost of making the jelly bean centers and represents the cost of making the includes partially completed jelly beans. This includes the cost incurred so far on applying the shells. Luxury Beans produces jelly bears in three sequential processing departments Centers, Shells, and Packaging Assume that the Shells processing department began June with $18.800 of unfinished jelly bean centers During ane the Shells process used $41,900 of direct materials, used $12.600 of direct labor, and was allocated $17,000 of manufacturing overhead. In addton, $120,000 was transferred out of the Centers processing department during the month and $196,900 was transferred out of the Shells processing department during the month. These transfers represent the cost of the jelly bears translemed from one process to another 2. Prepare a T-account for the Work in Process Inventory-Shells showing all activity that took place in the account during June What is the ending balance in the Work in Process Inventory-Shells on June 30? What does this figure represent 1. Prepare a T-account for the Work in Process Inventory-Shells showing all actrety that took place in the account during Ju Beginning Balance Direct materials used Work in Process Inventory-Shells 18000 41900 Direct labor 12000 Transfered to Packaging Manufacturing overhead allocated 17000 Transfered in from Centers 120600 Ending Balance 2. What the ending balance in the Work in Process Inventory-shels on June 307 What does this figure represent? The ending balance of the coat of making the jelly bean curiers and represents the cost of making the includes partally comedy beans. This includes cost incurred as far on applying the st
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