Reference: 16_02
Refer to the Following Table of Cost Information

Reference: 16_02
Refer to the following table of cost information:
$\begin{array}{llr}&\text { Goods in } & \text { Goods in } & \\&\text { Process- } & \text { Process- } & \text { Finished } \\&\underline{\text { Pickling }} & \underline{\text { Canning }} &\underline{ \text { Goods }}\\ \text { Beginning inventory } &\$100,000&\$150,000&\$90,000\\ \text {Costs incurred: } &\\ \text { Direct materials } &40,000&50,000\\ \text { Direct labor } &12,000&70,000\\ \text {Overhead applied } &60,000&105,000\\ \text { Coststransferred out } &(29,000)&(35,000)\\ \text { Coststransferred in.} &&(250,000)&(249,000)\\ \text { Cost of goods sold } &\underline{\quad\quad}&\underline{\quad\quad}&\underline{(525,000)}\\ \text {Ending inventory } & \underline{\$70,000}& \underline{\$130,000}& \underline{\$60,000}\\\end{array}$

-The following journal entry would be made to record the use of direct labor in the reporting period covered by the information:
$\begin{array}{llr} \text { Goods in Process Inventory, Pushing Dept } &120,000\\ \text { Goods in Process Inventory, Shoving Dept } &70,000\\ \text { Factory Payroll } &&190,000\end{array}$