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Business, 31.07.2020 20:01 blaze9691

Quality Brick Company produces bricks in two processing departments—Molding and Firing. Information relating to the company’s operations in March follows: a. Raw materials used in production: Molding Department, $28,600; and Firing Department, $5,800.
b. Direct labor costs incurred: Molding Department, $19,100; and Firing Department, $5,300.
c. Manufacturing overhead was applied: Molding Department, $25,200; and Firing Department, $35,400.
d. Unfired, molded bricks were transferred from the Molding Department to the Firing Department. According to the company’s process costing system, the cost of the unfired, molded bricks was $65,400.
e. Finished bricks were transferred from the Firing Department to the finished goods warehouse. According to the company’s process costing system, the cost of the finished bricks was $108,200.
f. Finished bricks were sold to customers. According to the company’s process costing system, the cost of the finished bricks sold was $104,900.
Required:
Prepare journal entries to record items (a) through (f) above. (If no entry is required for a transaction/event,

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