7. Apple Company has two production departments: Cutting and Assembly. April 1 inventories are Raw Materials $4,200, Work in Process Cutting $2,900,Work in Process-Assembly $10,600, and Finished Goods $31,000. During April, the following transactions occurred. 1. Purchased $63,000 of raw materials on account 2. Incurred $65,000 of factory labor. (50% Credit Wages Payable, rest in cash.) 3. Incurred $70,000 of manufacturing overhead; 40% was paid and the remainder is unpaid. 4. Requisitioned materials for Assembly $8,900, & Cutting $15,700. 5. Used factory labor for cutting $27,000 and Assembly $29,000. 6. Applied overhead at the rate of $22 per machine hour. Machine hours were Cutting 1720 and Assembly 1,680 Required: Journalize the transactions in proper journal format