E5.31 LO 5.7 (appendix) Cost flows in process costing; journal entries: manufacturer Concrete Solutions manufactures concrete paving bricks. The processing takes place in two sequential departments. The following cost data relate to January: Direct material entered into production Direct labour Manufacturing overhead Cost of goods completed and transferred out * Cost of goods transferred to finishing department. + Cost of goods transferred to finished goods. Required Prepare journal entries to record the following events: Pouring department Finishing department $ 105000 510000 $ 37500 420000 630000 1020000 1350000* +000009 1. incurrence of costs for direct material, direct labour and manufacturing overhead costs in the pouring department 2. transfer of goods from the pouring department to the finishing department 3. incurrence of costs for direct material, direct labour and manufacturing overhead costs in the finishing department 4. transfer of goods from the finishing department to finished goods inventory.