Process-Costing System

Please show your step-by-step T-account calculation especially in transfer of products from one department to the next. Thanks!

Alma Corp. makes wooden bookcases in two sequential departments, Cutting and Finishing. The wood is cut, trimmed and sanded in the Cutting department, thern transferred to the Assembly department for construction and finishing. Once completed the bookcases are transferred to Finished Goods Alma Corp. has provided the following datafor July Beginning inventory Direct materials issued Direct labor paid Applied manufacturing overhead Ending inventory S 55,000 S 89,000 S 74,500 S 96,850 S 16,200 $47,000 S 16,800 $ 96,000 $ 67,200 $ 24,380 Prepare the following jounal entries for Alma Corp a. Incurrence of direct materials, direct labor and applied manufacturing overhead for the Cutting department b. Transfer of products from Cutting to Assembly c. Incurrence of direct materials, direct labor and applied manufacturing overhead for the Assembly department d. Completion of the product in Assembly