Bridgeport Company produces a product in two departments: (1) Mixing and (2) Finishing. The company uses a process cost accounting system. Bridgeport had the following transactions during the current month: (a) Purchased materials for $43,000 on account. (b) Direct materials requisitioned for production were: Direct materials Mixing department Finishing department (c) Incurred labor costs of $63,640. (d) Factory labor used: Mixing department Finishing department $17,200 12,040) $37,840 25,800 (e) Manufacturing overhead is applied to the product based on machine hours used in each department: Mixing department-344 machine hours at $30 per machine hour. Finishing department-430 machine hours at $20 per machine hour.