Managerial Accounting: E4-8 Schneider Brot is a bread-baking company located

Managerial Accounting 
Exercise 4-8 Process Costing Journal Entries 
Schneider Brot is a bread-baking company located in Aachen, Germany, near the Dutch border. The company uses a process costing system for its single product—a popular pumpernickel bread. Schneider Brot has two processing departments—Mixing and Baking. The T-accounts below show the flow of costs through the two departments in April (all amounts are in the currency euros): 
Work in Process—Mixing 
  Balance 4/1 12,000   Transferred out 764,000 
  Direct materials 325,000 
  Direct labor 260,000 
  Overhead 187,000 

Work in Process—Baking 
  Balance 4/1 17,000   Transferred out 976,000 
  Transferred in 764,000 
  Direct labor 121,000 
  Overhead 94,000 

Required: 
Prepare journal entries showing the flow of costs through the two processing departments during April.
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