Entries for Process Cost System Preston & Grover 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 packaging is added at the beginning of the process. On July 1, Preston & Grover Soap Company had the following inventories: Finished Goods Work in Process-Making Work in Process-Packing Materials $28,910 11,230 14,640 6,350 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 b. Materials requisitioned for use Phosphate-Making Department Packaging-Packing Department Indirect materials-Making Department Indirect materials-Packing Department c. Labor used $360,020 $237,820 82,720 9,310 3,340 Direct labor-Making Department $169,910 Direct labor-Packing Department 114,680 Indirect labor-Making Department 32,900 Indirect labor-Packing Department 58,990 d. Depreciation charged on fixed assets Making Department $31,020 Packing Department 25,620 e. Expired prepaid factory insurance Making Department Packing Department $5,880 2,350