Buena Montana Carpet Company manufactures carpets. Fiber is placed in process in the Spinning Department, where it is spun into yarn. The output of the Spinning Department is transferred to the Tufting Department, where carpet backing is added at the beginning of the process and the process is completed. On January 1, Buena Montana Carpet Company had the following inventories:

Finished Goods	$6,200
Work in Process-Spinning Department	1,100
Work in Process-Tufting Department	2,700
Materials	4,200

Departmental accounts are maintained for factory overhead, and both have zero balances on January 1. Manufacturing operations for January are summarized as follows:

Jan.	1	Materials purchased on account, $81,200
	2	Materials requisitioned for use:
		FiberSpinning Department, $43,000
		Carpet backingTufting Department, $34,200
		Indirect materialsSpinning Department, $3,500
		Indirect materialsTufting Department, $2,800
	31	Labor used:
		Direct laborSpinning Department, $27,600
		Direct laborTufting Department, $17,900
		Indirect laborSpinning Department, $11,800
		Indirect laborTufting Department, $11,700
	31	Depreciation charged on fixed assets:
		Spinning Department, $5,300
		Tufting Department, $3,700
	31	Expired prepaid factory insurance:
		Spinning Department, $1,300
		Tufting Department, $1,100
	31	Applied factory overhead:
		Spinning Department, $22,200
		Tufting Department, $18,950
	31	Production costs transferred from Spinning Department to Tufting Department, $86,000
	31	Production costs transferred from Tufting Department to Finished Goods, $150,400
	31	Cost of goods sold during the period, $153,400

	Required:
1.	Journalize the entries to record the operations, using the dates provided with the summary of manufacturing operations. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.
2.	Compute the January 31 balances of the inventory accounts. Enter all amounts as positive numbers.
3.	Compute the January 31 balances of the factory overhead accounts. Enter all amounts as positive numbers.

Part I need help with:

1. Journalize the entries to record the operations, using the dates provided with the summary of manufacturing operations. Refer to the chart of accounts for the exact wording of the accc titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when credit amount is entered. \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline 16 & Jan. 31 & Factory Overhead-Spinning Department & & 1,300.002 & & & \\ \hline 17 & & Factory Overhead-Tufting Department & & 1,100.00 & & & \\ \hline 18 & & Prepaid Insurance & & & 2,400.00 & & \\ \hline 19 & Jan31 & Work in Process-Spinning Department & & 22,200.00 & & & \\ \hline 20 & & Work in Process-Tufting Department & & 18,950.00 & & & \\ \hline 21 & & Factory Overhead-Spinning Department & & & 22,200.00v & & \\ \hline 22 & & Factory Overhead-Tufting Department & & & 18,950.00v & & \\ \hline 23 & Jan31 & Work in Process-Tufting Department & v & 86,000.00 & & & \\ \hline 24 & & Work in Process-Spinning Department & & & 86,000.00v & & \\ \hline 25 & Jan.31 & Finished Goods & & 150,400.00 & & & \\ \hline 26 & & Work in Process-Tufting Department & & & 150,400.00V & & \\ \hline 27 & Jan31 & Cost of Goods Sold & v & 153,400.00 & & & \\ \hline 28 & & Finished Goods & & & 153,400.00V & & \\ \hline \end{tabular} Points: 65/65 CHART OF ACCOUNTS Buena Montana Carpet Company General Ledger ASSETS 110 Cash 121 Accounts Receivable 125 Notes Receivable 126 Interest Receivable 131 Materials 141 Work in Process-Spinning Department 142 Work in Process-Tufting Department 151 Factory Overhead-Spinning Department 152 Factory Overhead-Tufting Department 161 Finished Goods 171 Supplies 172 Prepaid Insurance 173 Prepaid Expenses 181 Land 191 Factory REVENUE 410 Sales 610 Interest Revenue EXPENSES 510 Cost of Goods Sold 520 Wages Expense 531 Selling Expense 532 Insurance Expense 533 Utilities Expense 534 Supplies Expense 540 Administrative Expense 561 Depreciation Expense-Factory 590 Miscellaneous Expense 710 Interest Expense 192 Accumulated Depreciation LIABILITIES 210 Accounts Payable 221 Utilities Payable 231 Notes Payable 236 Interest Payable 251 Wages Payable EQUITY 311 Common Stock 340 Retained Earnings 351 Dividends 2. Compute the January 31 balances of the inventory accounts. Enter all amounts as positive numbers. Feedback 3. Compute the January 31 balances of the factory overhead accounts. Enter all amounts as positive numbers