Cher Exercise 4-1 (Algo) Process Costing Journal Entries (LO 4-1) Quality Brick Company produces bricks in two processing departments --Molding and Firing Information relating to the company's operations in March follows: a. Raw materials used in production: Molding Department. $26,700; and Firing Department, $4.000, b. Direct labor costs incurred: Molding Department, $16,400, and Firing Department, $4,500. c. Manufacturing overhead was applied: Molding Department, $25,800; and Firing Department, $36,700. d. Untired, molded bricks were transferred from the Molding Department to the Firing Department. According to the company's process costing system, the cost of the unfired, molded bricks was $68,900. e Finished bricks were transferred from the Firing Department to the finished goods warehouse. According to the company's process costing system, the cost of the finished bricks was $107,300. 1. Finished bricks were sold to customers. According to the company's process costing system, the cost of the finished bricks sold was $105,900. Required: Prepare journal entries to record items (a) through (1) above. (if no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet Record direct labor costs incurred. Note: Enter debits before credits. Transaction General Journal Debit Credit b. Record entry Clear entry View general journal View transaction list Journal entry worksheet Record entry to apply manufacturing overhead. Note: Enter debits before credits. Transaction General Journal Debit Credit C. Record entry Clear entry View general journal Journal entry worksheet 1 2 3 5 6 Record transfer of unfired, molded bricks from the Molding Department to the Firing Department. Note: Enter debits before credits. Transaction General Journal Debit Credit d. Record entry Clear entry View general journal Journal entry worksheet Record cost of goods sold. Note: Enter debits before credits. Transaction General Journal Debit Credit f. Record entry Clear entry View general journal