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 $13,500 Works in Process-Making 6,790 Work in Process-Packing 7,350 Materials 5,100 Departmental accounts are maintained for factory overhead, which both have zero balances on July 1. Manufacturing operations for July are summarized as follows $149,800 a. Materials purchased on account b. Materials requisitioned for use: Phosphate-Making Department $105,700 Packaging-Packing Department 31.300 Indirect materials Making Department....... 4980 Indirect materials-Packing Department. 1,530 c, Labor used: Direct labor-Making Department 32,400 Direct labor-Packing Department............................ 40,900 Indirect labor-Making Department 15,400 Indirect labor-Packing Department 18,300 d Depreciation charged on fixed assets: 10,700 Making Department........................ Packing Department 7900 e, Expired prepaid factory insurance: Making Department 2.000 Packing Department 1,500