Answer Happy

Chocolaterie de Geneve, SA, is located in a French-speaking canton in Switzerland. The company makes chocolate truffles that are sold in popular embossed tins. The company has two processing departments-Cooking and Molding. In the Cooking Department, the raw ingredients for the truffles are mixed and then cooked in special candy-making vats. In the Molding Department, the melted chocolate and other ingredients from the Cooking Department are carefully poured into molds and decorative flourishes are applied by hand. After cooling, the truffles are packed for sale. The company uses a process costing system. The T-accounts below show the flow of costs through the two departments in April: Balance 4/1 Direct materials Direct labor Overhead. Balance 4/1 Transferred in Direct labor Overhead Work in Process-Cooking 12,000 Transferred out 329,000 263,000 190,000 Work in Process-Molding 17,000 755,000 124,000 92,000 Transferred out 755,000 978,000 Required: Prepare journal entries showing the flow of costs through the two processing departments during April. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Journal entry worksheet 1 2 < Record issuance of raw materials. 3 4 5 Note: Enter debits before credits. Transaction 1 Record entry General Journal Clear entry Debit Credit View general journal
Journal entry worksheet 1 2 3 < Record the direct labor incurred. Note: Enter debits before credits. Transaction 2 4 5 Record entry General Journal Clear entry Debit Credit View general journal
Journal entry worksheet 1 2 3 < Record entry to apply manufacturing overhead. Note: Enter debits before credits. Transaction 3 4 5 Record entry General Journal Clear entry Debit Credit View general journal
Journal entry worksheet 1 2 < 3 Note: Enter debits before credits. Transaction Record the work completed in Cooking Department. Record entry 4 5 General Journal Clear entry Debit Credit View general journal
Journal entry worksheet 1 2 3 4 5 < Record the work completed in Molding Department. Note: Enter debits before credits. Transaction 5 Record entry General Journal Clear entry Debit Credit View general journal