Ten Hills Manufacturing has two processing departments, Department I and Department II
During the year, direct materials were assigned to the two production departments: $280,000 to Department I and $300,000 to Department II. During the period, $8,000 of indirect materials were used in production. Provide the journal entry to record this transaction.
What will be an ideal response
Work-in-Process Inventory—Department I 280,000
Work-in-Process Inventory—Department II 300,000
Manufacturing Overhead 8,000
Raw Materials Inventory 588,000
Materials used, direct materials assigned to WIP, indirect materials accumulated in MOH
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