2. Materials PR 20-1A Entries for process cost system OBJ 1,3 31 balance, October FloorMate Company manufactures carpets. is placed in process in the spin- General $5,900 ning where it is yarn. output of the Spinning Department is Ledger transferred to the Tufting Department, The backing is added ar the beginning of the where carpet had process and the process is completed. On October 1, Carpet Company the following inventories Finished Goods Work in process-spinning Department $5,600 Work in Process-Tufting Department Materials 1,500 2,300 4,800