Exercise 4-1 (Algo) Process Costing Journal Entries [LO 4-1] Quality Brick Company produces bricks in two processing departments-Molding and Firing. Information relating to the company's operations in March follows: a. Raw materials used in production: Molding Department, $27,600; and Firing Department. $4,500. b. Direct labor costs incurred: Molding Department, $17,400; and Firing Department, $5,300. c. Manufacturing overhead was applied: Molding Department, $23,300; and Firing Department, $39,200. d. Unfired, molded bricks were transferred from the Molding Department to the Firing Department. According to the company's process costing system, the cost of the unfired, molded bricks was $68,100. e. Finished bricks were transferred from the Firing Department to the finished goods warehouse. According to the company's process costing system, the cost of the finished bricks was $107,400. f. Finished bricks were sold to customers. According to the company's process costing system, the cost of the finished bricks sold was $103,700