Douglas Manufacturing Company has two production departments: cutting and assembly. July 1 inventories are Raw Materials $6,200, Work in Process-Cutting $4,900, Work in Process-Assembly $12,600, and Finished Goods $35,000. During July, the following transactions occurred:
1. Purchased $65,500 of raw materials on account.
2. Incurred $47,000 of factory labour (credit Wages Payable).
3. Incurred $75,000 of manufacturing overhead; $55,000 was paid and the remainder is unpaid.
4. Requisitioned $14,700 in materials for cutting and $11,900 in materials for assembly.
5. Used factory labour of $27,000 for cutting and $19,000 for assembly.
6. Applied overhead at the rate of $22 per machine hour. Machine hours were 1,700 in cutting and 1,650 in assembly.
7. Transferred goods costing $70,700 from the cutting department to the assembly department.
8. Transferred goods costing $140,000 from Assembly to Finished Goods.
9. Sold goods costing $165,000 for $210,000 on account.
Instructions
Journalize the transactions. (Omit explanations.)