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