Question

Bramble Company manufactures its product, Vitadrink, through two manufacturing processes: Mixing and Packaging. All materials are entered at the beginning of each process. On October 1, 2020, inventories consisted of Raw Materials $27,400, Work in Process—Mixing $0, Work in Process—Packaging $253,700, and Finished Goods $290,900. The beginning inventory for Packaging consisted of 11,800 units that were 50% complete as to conversion costs and fully complete as to materials. During October, 51,200 units were started into production in the Mixing Department and the following transactions were completed.

1.		Purchased $303,600 of raw materials on account.
2.		Issued raw materials for production: Mixing $214,600 and Packaging $48,500.
3.		Incurred labor costs of $282,000.
4.		Used factory labor: Mixing $184,300 and Packaging $97,700.
5.		Incurred $914,400 of manufacturing overhead on account.
6.		Applied manufacturing overhead on the basis of $22 per machine hour. Machine hours were 32,000 in Mixing and 8,200 in Packaging.
7.		Transferred 46,100 units from Mixing to Packaging at a cost of $983,900.
8.		Transferred 56,100 units from Packaging to Finished Goods at a cost of $1,320,000.
9.		Sold goods costing $1,642,000 for $2,503,000 on account.

a) Journalize the October transactions.

No. Account Titles and explanation               Debit        Credit

1.

2.

3.

4.

5.

6.

7.

8.

9.

(To record the sale)

(To record the cost of goods sold)

Thank you

Answer 1

Answer
NO.	Accounts Title	Debit	Credit
1	Raw Material	$   303,600
	Accounts Payable		$   303,600
	(Being Raw material purchased on account)
2	Work in Process -Mixing	$   214,600
	Work in Process -Packaging	$     48,500
	Raw material		$   263,100
	(Raw material issued)
3	Factory Labor	$   282,000
	Wages Payable		$   282,000
	(being labor cost incurred)
4	Work in Process -Mixing	$   184,300
	Work in Process -Packaging	$     97,700
	Factory Labor		$   282,000
	(being factor labor charged)
5	Manufacturing Overhead	$   914,400
	Accounts Payable		$   914,400
	(being manufcaturing overhead incurred)
6	Work in Process -Mixing (32000*22)	$   704,000
	Work in Process -Packaging (8200*22)	$   180,400
	Factory Overhead		$   884,400
	(Being manufacturing overhead applied)
7	Work in Process -Packaging	$   983,900
	Work in Process -Mixing		$   983,900
	(being transferred from mixing dept)
8	Finished Goods	$1,320,000
	Work in Process -Packaging		$1,320,000
	(transferred to finished goods)
9	Accounts Receivable	$2,503,000
	sales		$2,503,000
	(sales on account recorded)
	Cost of Good sold	$1,642,000
	Finished Goods		$1,642,000