1. Fire Out Company manufactures its product, Vitadrink, through two manufacturing processes: Mixing and Packaging. All materia are entered at the beginning of each process. On October 1, 2020, inventories consisted of Raw Materials $26,800, Work in Proce --Mixing $0, Work in Process-Packaging $254.000, and Finished Goods $291,100. The beginning inventory for Packaging consisted of 11,900 units that were 50% complete as to conversion costs and fully complete as to materials. During October, 52,300 units were started into production in the Mixing Department and the following transactions were completed. Purchased $302,000 of raw materials on account. 2. Issued raw materials for production: Mixing $214,100 and Packaging $50,000. 3. Incurred labor costs of $284,200. Used factory labor: Mixing $185,800 and Packaging $98,400. Incurred $889,800 of manufacturing overhead on account Applied manufacturing overhead on the basis of $24 per machine hour. Machine hours were 29,000 in Mixing and 7.200 in Packaging Transferred 46,700 units from Mixing to Packaging at a cost of $980,000, Transferred 56,300 units from Packaging to Finished Goods at a cost of $1,319,000 Sold goods costing $1,643,000 for $2,502,000 on account. 14 5. 6. 7. 8. 9. Journalize the October transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Debit Credit No. Account Titles and Explanation 1. 2. 3. 8 9. I (To record the sale) (To record the cost of goods sold)