Mocha Company Manufactures a Single Product by a Continuous Process

question 16

Short Answer

Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicate that direct materials, direct labor, and applied factory overhead for Department 1 were $100,000, $125,000, and $150,000, respectively. The records further indicate that direct materials, direct labor, and applied factory overhead for Department 2 were $55,000, $65,000, and $80,000, respectively. In addition, work in process at the beginning of the period for Department 1 totaled $75,000, and work in process at the end of the period totaled $60,000.​
-Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicate that direct materials, direct labor, and applied factory overhead for Department 1 were $100,000, $125,000, and $150,000, respectively. Work in process at the beginning of the period for Department 1 was $75,000, and work in process at the end of the period totaled $60,000. The records indicate that direct materials, direct labor, and applied factory overhead for Department 2 were $50,000, $60,000, and $70,000, respectively. In addition, work in process at the beginning of the period for Department 2 totaled $75,000, and work in process at the end of the period totaled $60,000. The journal entry to record the flow of costs into Department 3 during the period is

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Definitions:

Oxytocin

A hormone produced in the hypothalamus and secreted by the pituitary gland, involved in childbirth, lactation, and social bonding.

Pituitary

A small, pea-sized gland located at the base of the brain, critical for regulating vital bodily functions and hormone secretion.

Superior Surface

The uppermost or above-mentioned part or face of an object or anatomical structure.

Kidney

A bean-shaped organ that excretes urine and is located retroperitoneally, high in the back of the abdominal cavity.