Question

the mixing departments production - cost report for may shows $13,200 in total costs, of which $2,500 will remain in the department assigned to the units still in process at the end of the month. prepare the journal entry to record the transfer of costs from the mixing department to the packaging department. (record debits first, then credits. exclude explanations from any journal entries.)

Explanation:

Step1: Calculate transfer - able costs

The total costs in the Mixing Department are $13,200 and $2,500 remain in - department. So the transfer - able costs are $13200 - 2500=10700$.

Step2: Record journal entry

The Packaging Department will receive the costs, so we debit the Packaging Department account for the transfer amount and credit the Mixing Department account for the same amount.

Answer:

Date	Accounts	Debit	Credit
May 31	Mixing Department		$10,700