8 Lubricants, Inc, 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 Pre Department March 1 balance 33,60 Completed and transferred to Manding Materials 140,600 Dit labor 13,300 Overhead 3 balan The March work in process inventory in the fining Department consists of the following elements materials, $8.700; direct inbor, $4,800, and overhead, $20,00 Conte insured during March in the Blending Department were materials used 545.000; direct lobor, $18.000, and overhead con applied to production, $13,000 Required 1. Propune journal entries to record the cost incurred in both the Retiring Department and Blending Department during March Key your entries to them through to below Raw materials used in production D. Director concurred Manufacturing overhead comes incurred for the entire factory $656,000. (Credit Accounts Payable) & Manufacturing overhead was chied to production using a predetermined overhead Unto that were complete with respect to processing in Refering Department were transfered to Banding Department Unintho were come with respect to processing in the Benang Department were transferred to shed Goods $790.000 3. Completed units werewold on account, $420.000 The cost of Good Son was $600.000, 2. Po the jour entries to be to Tacobs. The following account balances ested at the beginning of March (The Record direct labor concurred for Refining and Blending Department that a tits that General Journal Debli Cr Ceny Viewer Record mandfacturing experties incurred for the whole factory Ga Jumal Debit Chide Ceny Reference Record transfer of sem finished units from Refining to finding Department Transactions Date Journal Delt con Chewan View Dell Record the transfer of completed unds from the Blending Department to finished goods Transa Ceneral Det Credit