Current Attempt in Progress Oriole Company manufactures its product, Vitadrink, through two manufacturing processes: Mixing and Packaging. The following transactions were completed during October, the company's first month of operations. 1. 2. 3. 4. 5. Purchased $ 301.400 of raw materials. Issued raw materials for production: Mixing $ 213,500 and Packaging $49.400. Incurred labor costs of $ 283,900. Used factory labor: Mixing $ 185,200 and Packaging $ 98,700. Incurred $ 970,500 of manufacturing overhead. Applied manufacturing overhead on the basis of $ 25 per machine hour, Machine hours were 30,100 in Mixing and 7,900 in Packaging. Transferred 47,100 units from Mixing to Packaging at a cost of $ 983,300. Transferred 57,600 units from Packaging to Finished Goods at a cost of $1,316,000, Sold goods costing $1,211,000. 6. 7. 8. 9. MANUFACTURING COSTS Raw Materials inventory Factory Labor Manufacturing Overhead 1. $ $ $ Direct materials purchased Direct materials used 2. 3. Factory labor incurred 4. Factory labor assigned 5. Manufacturing overhead incurred 6. Manufacturing Overhead assigned Transfer from Mixing to Packaging 7. 8. Transfer from Packaging to Finished Goods | 9. Record Cost of Goods Sold WORK IN PROCESS sad Mixing Packaging FINISHED GOODS INVENTORY COST OF GOODS SOLD $ $ 1