Reference no: EM132984213
Chocolaterie de Geneve, SA, is located in a French-speaking canton in Switzerland. The company makes chocolate truffles that are sold in popular embossed tins. The company has two processing departments-Cooking and Molding. In the Cooking Department, the raw ingredients for the truffles are mixed and then cooked in special candy-making vats. In the Molding Department, the melted chocolate and other ingredients from the Cooking Department are carefully poured into molds and decorative flourishes are applied by hand. After cooling, the truffles are packed for sale. The company uses a process costing system.
The T-accounts below show the flow of costs through the two departments in April:
Work in Process Cooking
Balance 4/1 8,000 Transferred out 758,000
Direct materials 334,000
Direct labor 264,000
Overhead 194,000
Work in Process Modeling
Balance 4/1 23,000 Transferred out 975,000
Transferred in 758,000
Direct labor 121,000
Overhead 92,000
Required:
Problem 1: Prepare journal entries showing the flow of costs through the two processing departments during April.
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: Chocolaterie de Geneve, SA, is located in a French-speaking, Prepare journal entries showing flow of costs through the two processing departments during April.
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