4 my work Problem 5-17 (Algo) Cost Flows (LO 5-1] 25 points 8 015606 Lubricants, Incorporated produces a special kind of grease that is widely used by race car drivers. The grease is produced in two processing departments-Refining and Blending Raw materials are introduced at various points in the Refining Department The following incomplete Work in Process account is available for the Refining Department for March: Work in Process-Refining Department Debit Credit March 1 balance 31,6ee Completed and transferred to Blending Materials ( 152,6ee Direct labor 68,200 Overhead 474, eee March 31 balance ? ce The March 1 work in process inventory in the Refining Department consists of the following elements: materials, $8,100 direct labor, $3,400, and overhead, $20,100 Costs incurred during March in the Blending Department were materials used $45,000, direct labor. $16,300, and overhead cost applied to production, $116,000 Me Grow