Answer:
a. Raw materials used in production: Molding Department, $28,600; and Firing Department, $5,800.
Dr Work in process: Molding department 28,600
Dr Work in process: Firing department 5,800
Cr Materials inventory 34,400
b. Direct labor costs incurred: Molding Department, $19,100; and Firing Department, $5,300.
Dr Work in process: Molding department 19,100
Dr Work in process: Firing department 5,300
Cr Wages payable 24,400
c. Manufacturing overhead was applied: Molding Department, $25,200; and Firing Department, $35,400.
Dr Work in process: Molding department 25,200
Dr Work in process: Firing department 35,400
Cr Manufacturing overhead 60,600
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.
Dr Work in process: Firing department 65,400
Cr Work in process: Molding department 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.
Dr Finished goods inventory 108,200
Cr Work in process: Firing department 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.
Dr Cost of goods sold 104,900
Cr Finished goods inventory 104,900
