Exercise 5-1 Process Costing Journal Entries [LO5-1] Quality Brick Company produces bricks in two processing departments-Molding and Firing. Information relating to the company's operations in March follows: a. Raw materials used in production: Molding Department, $28,700; and Firing Department, $4,900 b. Direct labor costs incurred: Molding Department, $18,500; and Firing Department, $5,900, c. Manufacturing overhead was applied: Molding Department, $24,800; and Firing Department, $39,100. 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 $69,800 e. 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 $108,300. f. Finished bricks were sold to customers. According to the company's process costing system, the cost of the finished bricks sold was $103,000. Required: Prepare journal entries to record items (o) through (f) above. (If no entry is required for a transaction/evens, select "No journal entry required" in the first account field.) Journal entry worksheet (2) 6 Record issuance of raw materials for use in production. Note: Enter debits before credits. Journal entry worksheet 4 Record direct labor costs incurred. Note: Enter debits before credits. Journal entry worksheet 1 5 Record entry to apply manufacturing overhead. Note: Enter debits before credits. Journal entry worksheet Record transfer of unfired, molded bricks from the Molding Department to the Firing Department. Note: Enter debits before credits. Journal entry worksheet Record transfer of finished bricks from the Firing Department to the finished goods warehouse. Note: Enter debits before credits