E3.4 (LO 2), AP Lawrence plc has two production departments: Cutting and Assembly. July 1 inventories are Raw Materials 4,200, Work in Process - Cutting 2,900, Work in Process-Assembly 10,600, and Finished Goods 31,000. During July, the following transactions occurred. 1. Purchased 62,500 of raw materials on account. 2. Incurred 60,000 of factory labor. (Credit Wages Payable.) 3. Incurred 70,000 of manufacturing overhead; 40,000 was paid and the remainder is unpaid. 4. Requisitioned materials for Cutting 15,700 and Assembly 8,900. 5. Used factory labor for Cutting 33,000 and Assembly 27,000. 6. Applied overhead at the rate of 18 per machine hour. Machine hours were Cutting 1,680 and Assembly 1,720. 7. Transferred goods costing 67,600 from the Cutting Department to the Assembly Department. 8. Transferred goods costing 134,900 from Assembly to Finished Goods. 9. Sold goods costing 150,000 for 200,000 on account. Instructions Journalize the transactions. (Omit explanations.)