Baker Die Company manufactures cutting dies for the shoe industry. Each set of dies is custom designed to a customer's template. During the first...

Work in Process Inventory                4,800

                Materials Payable                                                               4,800

To record Purchase of Steel

Work in Process Inventory                2,200

                Materials Payable                                                               2,200

To record Purchase of Supplies

Work in Process

                Manufacturing Overhead

                Raw Material Inventory

To record Materials used in production

Work in Process

                Manufactoring Overhead

                Wages Payable

To record labor

Work in Process

                Manufactoring Overhead

To record overhead applied to production

Finished Goods

                Work in Progress

To record jobs completed

Accounts Receivable

Cost of Goods Sold

                Sales

                Finished Goods

To record the same of finished goods