Bakery mass-produces bread using three sequential processing departments: Mixing, Baking, and Packaging. The following transactions occurred during

April:

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(Click the icon to view the transactions.)

Requirements

1.	Post each of these transactions to the company's inventory T-accounts.
2.	Determine the balance at month-end in each of the inventory accounts.
3.	Assume that 3,325,000 loaves of bread were completed and transferred out of the Packaging Department during the month. What was the cost per unit of making each loaf of bread (from start to finish)?

Question content area bottom

Part 1

Before posting the transactions to the company's T-accounts, begin by determining which accounts are affected by each transaction. The transactions may affect one or two accounts. (Abbreviation used: Dept. = Department. If an input field is not used in the table, leave the input field empty; do not select a label.)

1.

Direct materials used in the Packaging Department

WIPBaking Dept.

WIPPackaging Dept.

2.

Costs assigned to units completed and transferred out of Mixing

3.

Direct labor incurred in the Mixing Department

4.

Beginning balance: Work in Process InventoryBaking

5.

Manufactured overhead allocated to the Baking Department

6.

Beginning balance: Finished Goods

Part 2

7.	Costs assigned to units completed and transferred out of Baking
8.	Beginning balance: Work in Process InventoryMixing
9.	Direct labor incurred in the Packaging Department
10.	Manufacturing overhead allocated to the Mixing Department
11.	Direct materials used in the Mixing Department
12.	Beginning balance: Raw Materials Inventory

Part 3

13.	Costs assigned to units completed and transferred out of Packaging
14.	Beginning balance: Work in Process InventoryPackaging
15.	Purchases of Raw Materials
16.	Direct labor incurred in the Baking Department
17.	Manufacturing overhead allocated to the Packaging Department
18.	Cost of goods sold

Part 4

Requirements 1 and 2. Post the transactions to the T-accounts and determine the ending balance. Begin with the T-account for Raw Materials Inventory. Enter the transactions that affect the T-account and calculate the ending balance.

Raw Materials Inventory

Part 5

Now enter the transactions that affect the T-account for Work in Process

InventoryMixing

Department and calculate the ending balance.

Work in Process InventoryMixing Department

Part 6

Next, enter the transactions that affect the T-account for Work in Process

InventoryBaking

Department and calculate the ending balance.

Work in Process InventoryBaking Department

Part 7

Now enter the transactions that affect the T-account for Work in Process

InventoryPackaging

Department and calculate the ending balance.

Work in Process InventoryPackaging Department

Part 8

Finally, enter the transactions that affect the T-account for Finished Goods Inventory and calculate the ending balance.

Finished Goods Inventory

Part 9

Requirement 3. Assume that

3,325,000

loaves of bread were completed and transferred out of the Packaging Department during the month. Select the formula labels and then compute the cost per unit of making each loaf of bread (from start to finish). (Round your answer to two decimal places.)

				Cost
			=	per unit

Part 10

=

- Data table 31,000 $ 225,000 11,500 15,500 1. Direct materials used in the Packaging Department.... 2. Costs assigned to units completed and transferred out of Mixing.. 3. Direct labor incurred in the Mixing Department 4. Beginning balance: Work in Process InventoryBaking.. 5. Manufactured overhead allocated to the Baking Department... 6. Beginning balance: Finished Goods ........ 7. Costs assigned to units completed and transferred out of Baking 8. Beginning balance: Work in Process InventoryMixing... 9. Direct labor incurred in the Packaging Department... 10. Manufacturing overhead allocated to the Mixing Department... 11. Direct materials used in the Mixing Department 12. Beginning balance: Raw Materials Inventory.... 13. Costs assigned to units completed and transferred out of Packaging 14. Beginning balance: Work in Process InventoryPackaging 15. Purchases of Raw Materials .... 16. Direct labor incurred in the Baking Department... 17. Manufacturing overhead allocated to the Packaging Department 18. Cost of goods sold Note: No direct materials were used by the Baking Department 79,000 4,900 301,000 12,200 8,900 64,000 152,000 23,800 $ 388,000 $ 8,000 176,000 4,600 46,000 389,000 Requirements 1. Post each of these transactions to the company's inventory T-accounts. 2. Determine the balance at month-end in each of the inventory accounts 3. Assume that 3,325,000 loaves of bread were completed and transferred out of the Packaging Department during the month. What was the cost per unit of making each loaf of bread (from start to finish)