manufactures its products in a continuous process involving two departments, Machining and Assembly

Zang Co. manufactures its products in a continuous process involving two departments, Machining and Assembly. Prepare journal entries to record the following transactions related to production during June: If an amount box does not require an entry, leave it blank. a. Materials purchased on account, $180,000. fill in the blank ebb198fb5044008_2 fill in the blank ebb198fb5044008_4 b. Materials requisitioned by: Machining, $73,000 direct and $9,000 indirect materials; Assembly, $4,900 indirect materials. fill in the blank bc86e1f3a046016_2 fill in the blank bc86e1f3a046016_3 fill in the blank bc86e1f3a046016_5 fill in the blank bc86e1f3a046016_6 fill in the blank bc86e1f3a046016_8 fill in the blank bc86e1f3a046016_9 fill in the blank bc86e1f3a046016_11 fill in the blank bc86e1f3a046016_12 c. Direct labor used by Machining, $23,000; Assembly, $47,000. fill in the blank e1ca5ffd1ff8fbf_2 fill in the blank e1ca5ffd1ff8fbf_3 fill in the blank e1ca5ffd1ff8fbf_5 fill in the blank e1ca5ffd1ff8fbf_6 fill in the blank e1ca5ffd1ff8fbf_8 fill in the blank e1ca5ffd1ff8fbf_9 d. Depreciation expenses: Machining, $4,500; Assembly, $7,800. fill in the blank ccc30efb200bfbc_2 fill in the blank ccc30efb200bfbc_3 fill in the blank ccc30efb200bfbc_5 fill in the blank ccc30efb200bfbc_6 fill in the blank ccc30efb200bfbc_8 fill in the blank ccc30efb200bfbc_9 e. Factory overhead applied: Machining, $9,700; Assembly, $11,300. fill in the blank 8b4a41fd8064fd5_2 fill in the blank 8b4a41fd8064fd5_3 fill in the blank 8b4a41fd8064fd5_5 fill in the blank 8b4a41fd8064fd5_6 fill in the blank 8b4a41fd8064fd5_8 fill in the blank 8b4a41fd8064fd5_9 fill in the blank 8b4a41fd8064fd5_11 fill in the blank 8b4a41fd8064fd5_12 f. Machining Department transferred $98,300 to Assembly Department; Assembly Department transferred $83,400 to finished goods. fill in the blank 292bd50bdf86fc1_2 fill in the blank 292bd50bdf86fc1_4 fill in the blank 292bd50bdf86fc1_6 fill in the blank 292bd50bdf86fc1_8 g. Sold goods on account, $100,000; cost of goods sold, $68,000. fill in the blank 478d9805cfb8f83_2 fill in the blank 478d9805cfb8f83_4 fill in the blank 478d9805cfb8f83_6 fill in the blank 478d9805cfb8f83_8

-25-


Buy plagiarism free, original and professional custom paper online now at a cheaper price. Submit your order proudly with us



Essay Hope