Question: Entries for Materials Cost Flows in a Process Cost System where the bars are wrapped and boxed. The boxed candy is then sent to the

Entries for Materials Cost Flows in a Process Cost System where the bars are wrapped and boxed. The boxed candy is then sent to the distribution center, where it is eventually sold to food brokers and retailers. 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 account b. Transfer of blended product to the Molding Department. Debit account Credit account c. Transfer of chocolate to the Packing Department. Debit account Credit account d. Transfer of boxed chocolate to the distribution center: Debit account Credit account e. Sale of boxed chocolate Debit account Credit account
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