Book Show Me How Print Item Instructions Port Ormond Carpet Company manufactures carpets. Fiber is placed in process in the Spinning Department, where it is spun into yam. The output of the Spinning Department is transferred to the Tutting Department, where carpet backing is added at the beginning of the process and the process is completed. On January 1, Port Ormond Carpet Company had the following inventories: $62.000 35,000 Finished Goods Work in Process-Spinning Department Work in Process-Tufting Department Materials 28,500 17.000 Departmental accounts are maintained for factory overhead, and both have zero balances on January 1. Manufacturing operations for January are summarized as follows: Jan 1 2 Materials purchased on account. $500,000 Materials requisitioned for use: Fiber-Spinning Department, $275,000 Carpet backing-Tutting Department, $110,000 Indirect materials-Spinning Department. $46,000 Indirect materials-Tutting Department, $39,500 31 Labor used: Direct labor-Spinning Department, $185,000 Direct labor-Tufting Department. $98,000 Indirect labor-Spinning Department, $18.500