EXERCISE 4-1 Process Costing Journal Entries [ Quality Brick Company produces bricks in two processing departments-Molding and Firing. Information relating at the company's operations in March follows: a. Raw materials used in production: Molding Department, $23,000; and Firing Department, $8,000. b. Direct labor costs incurred: Molding Department, \$12,000; and Firing Department, \$7,000. c. Manufacturing overhead was applied\$Molding Department, \$25,000; and Firing Department, \$37,000. d. Unfired, molded bricks were transferred from the Molding Department to the Firing Department. According to the company's process costing system, the cost of the unfired, molded bricks was $57,000. c. Finished bricks were transferred from the Firing Department to the finished goods warehouse. According to the company's process costing system, the cost of the finished bricks was $103,000. f. Finished bricks were sold to customers. According to the company's process costing system, the cost of the finished bricks sold was $101.000. Exercise 4-1 16e a. To record raw materials used in production: Work in Process-Molding Department. Work in Process-Firing Department. Raw Materials. b. c. d. e. f