Novak Industries uses a process cost system. Products are processed first by Department A and then by Department B before being transferred to the finished goods warehouse. Shown below is the cost information for Department B during the month of October: Costs of units transferred in Manufacturing costs added in Department B: $156,000 Direct materials $65,000 Direct labor 15,600 Manufacturing overhead 24,700 105,300 Total costs charged to Department B in October $180,700 The balance in work in process inventory in Department B at October 1 is $32,500 and it is $39,000 at October 31. Prepare journal entries to record the following transactions for the month of October: (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit entries.) (a) The transfer of production from Department A to B. (b) The manufacturing costs incurred by Department B. (c) The transfer of completed units from Department B to the finished goods warehouse. No. Account Titles and Explanation: (a) Work in Process-Dept. B Work in Process-Dept. A Debit Credit 156,000 156,000 No. Account Titles and Explanation (a) Work in Process-Dept. B Work in Process-Dept. A (b) Work in Process Dept. B Direct Material Inventory Direct Labor Manufacturing Overhead (c) Finished Goods Inventory Work in Process-Dept. B Debit 156,000 105,300 180,000 Credit 156,000 65,000 6.000 24.700 100.000 eTextbook and Media List of Accounts Save for Later Last saved 54 minutes ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes Attempts: 0 of 3 used Submit