Cincinnati Soap Company manufactures powdered detergent. Phosphate is placed in process in the Making Department, where it is turned into granulars. The output of Making is transferred to the Packing Department, where the packaging is added at the beginning of the process. On July 1, Cincinnati Soap Company had the following inventories:

Finished Goods	$29,150
Work in ProcessMaking	11,330
Work in ProcessPacking	14,770
Materials	6,400

Departmental accounts are maintained for factory overhead, which both have zero balances on July 1.

Manufacturing operations for July are summarized as follows:

a.

Materials purchased on account

$363,080

b.

Materials requisitioned for use

PhosphateMaking Department

$239,840

PackagingPacking Department

83,420

Indirect materialsMaking Department

9,390

Indirect materialsPacking Department

3,370

c.

Labor used

Direct laborMaking Department

$171,350

Direct laborPacking Department

115,660

Indirect laborMaking Department

33,180

Indirect laborPacking Department

59,490

d.

Depreciation charged on fixed assets

Making Department

$31,280

Packing Department

25,830

e.

Expired prepaid factory insurance

Making Department

$5,930

Packing Department

2,370

f.

Applied factory overhead

Making Department

$81,770

Packing Department

90,340

g.

Production costs transferred from Making Department to Packing Department

$494,380

h.

Production costs transferred from Packing Department to Finished Goods

$778,070

i.

Cost of goods sold during the period

$780,920

Compute the July 31 balances of the inventory accounts.

Materials	$
Work in ProcessMaking Department	$
Work in ProcessPacking Department	$
Finished Goods