Question: I need help understanding journal entries: Process Costing Journal Entries. Assume a company has two processing departmentsMolding and Packaging. Transactions for the month are shown

I need help understanding journal entries:

Process Costing Journal Entries.Assume a company has two processing departmentsMolding and Packaging. Transactions for the month are shown as follows.

1.The Molding department requisitioned direct materials totaling $2,000 to be used in production.

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