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 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 $29,400 11,420 14,890 6,450 $366,150 Phosphate-Making Department Packaging-Packing Department Indirect materials-Making Department Indirect materials-Packing Department $241,870 84,130 9,460 3,390 c. Labor used Direct labor-Making Department Direct labor-Packing Department Indirect labor-Making Department Indirect labor-Packing Department $172,800 116,630 33,460 59,990 d. Depreciation charged on fixed assets Making Department $31,550 Packing Department 26,050