Question: Score: /20 THIS IS EXERCISE 2 ONLY 2 ALT-PROD-COST-REPORT The Mixing Department of Drake Manufacturing Company had beginning Work in Process of 3.500 pounds with
Score: /20 THIS IS EXERCISE 2 ONLY 2 ALT-PROD-COST-REPORT The Mixing Department of Drake Manufacturing Company had beginning Work in Process of 3.500 pounds with cost of $4,000. A total of 80,000 pounds of material were requisitioned into the factory, with a cost of $304,500 Factory overhead applied to production was 70.00% of direct labor cost. The company ended up with 5,000 units in ending work in process that were 60.00% complete The direct labor cost was $250,000 WIP-Mixing OOO Beginning WIP Units Started Units to Account For OOOOO Beg. WIP DM DL FO $0 EQ UNITS 0 0 0 Units Completed & Transferred End WIP Units Accountd For 100% 60% 0 0 OOOO Cost Per Unit Cost of Units Transferred Cost of Units in Ending WIP Total Cost in Department The units completed and transferred from the Mixing Department are moved to the Blending Department Show the journal entry that would move the appropriate cost to the Blending Department (But don't post it.) GENERAL JOURNAL DEBIT CREDIT OO
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