Question: eBook Entries for Materials Cost Flows in a Process Cost System The tershey Company manufactures chocolate confectionery products. The threelargest ran materials are cocza, sugar,

 eBook Entries for Materials Cost Flows in a Process Cost System

eBook Entries for Materials Cost Flows in a Process Cost System The tershey Company manufactures chocolate confectionery products. The threelargest ran materials are cocza, sugar, and debydrated mik. These raw materials first go inte the Blending Departmert. The Nended sroduct is then sent to the Molding Department, where the bars of candy are formed. The candy is then seet to the Packing Department, where the bars are wrapped and baxed. The boed candy is then sent to the distribution center, where it is evertualy sold to food brokers and retalers Show the accounts debited and credited for each of the following business events a. Materials used by the Blending Department. Debit account Credit account Credit account Credit accourt b. Trarsfer of blended product to the Moilding Department. Debit account Credt account C. Transfer of chocolate to the Packing Department Debit accourt Credt account d. Transfer of boxed chscolate to the distribution center Debr account Credt account e. Sale of boxed chocolate. Debit account Credt account Previcus Check My Wark 3 more Check My Work uses nemainrg

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