Business
Business, 04.09.2020 20:01, StephenCurry34

Healthy Start Bakery mass- produces bread using three sequential processing departments: Mixing, Baking, and Packaging. The following transactions occurred during February:1. Direct materials used in the Packaging Department $31,000 2. Costs assigned to units completed and transferred out of Mixing $225,000 3. Direct labor incurred in the Mixing Department $11,700 4. Beginning balance: Work in Process Inventory�Baking $15,100 5. Manufacturing overhead allocated to the Baking Department $77,000 6. Beginning balance: Finished Goods $4,500 7. Costs assigned to units completed and transferred out of Baking $ 307,000 8. Beginning balance: Work in Process Inventory�Mixing $12,600 9. Direct labor incurred in the Packaging Department $8,900 10. Manufacturing overhead allocated to the Mixing Department $68,000 11. Direct materials used in the Mixing Department used in the Mixing Department $153.000 12. Beginning balance: Raw Materials Inventory $23,000 13. Costs assigned to units completed and transferred out of Packaging$ 386,000 14. Beginning balance: Work in Process Inventory�Packaging $8,200 15. Purchases of Raw Materials $170,000 16. Direct labor incurred in the Baking Department $4,800 17. Manufacturing overhead allocated to the Packaging Department $49,000 18. Cost of goods sold $387,0001. Post each of these transactions to the company's inventory T-accounts. Raw Materials InventoryWork in Process Inventory__Mixing DepartmentWork in Process Inventory__Baking DepartmentWork in Process Inventory__Packaging Department2. Determine the balance at month-end in each of the inventory accounts. 3. Assume that 3,125,000 loaves of bread were completed and transferred out of the Packaging Department during the month. What was the cost per unit of making each loaf of bread (from start to finish)?

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