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Question
Zang Co. manufactures its products in a continuous process involving two departments, Machining and Assembly. Journalize the following transactions related to production during June:
a. Materials purchased on account, $180,000.
b. Materials requisitioned by: Machining, $73,000 direct and $9,000 indirect materials; Assembly, $4,900 indirect materials.
c. Direct labor used by Machining, $23,000; Assembly, $47,000.
d. Depreciation expenses: Machining, $4,500; Assembly, $7,800.
e. Factory overhead applied: Machining, $9,700; Assembly, $11,300.
f. Machining Department transferred $98,300 to Assembly Department; Assembly Department transferred $83,400 to finished goods.
g. Sold goods on account, $100,000; cost of goods sold, $68,000.
Answer
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