Fire Out Company manufactures its product, Vitadrink, through two manufacturing processes Mixing and Packaging All materials are entered at the beginning of each process On October 1, 2020, inventories consisted of Raw Materials $26,000, Work in ProcessMixing $0, Work in ProcessPackaging $250,000, and Finished Goods $289,000 The beginning inventory for Packaging consisted of 10,000 units that were 50 complete as to conversion costs and fully complete as to materials During October, 50,000 units were started into production in the Mixing Department and the following transactions were completed 1 Purchased $300,000 of raw materials on account 2 Issued raw materials for production Mixing $210,000 and Packaging $45,000 3 Incurred labor costs of $278,900 4 Used factory labor Mixing $182,500 and Packaging $96,400 5 Incurred $810,000 of manufacturing overhead on account 6 Applied manufacturing overhead on the basis of $23 per machine hour Machine hours were 28,000 in Mixing and 6,000 in Packaging 7 Transferred 45,000 units from Mixing to Packaging at a cost of $979,000 8 Transferred 53,000 units from Packaging to Finished Goods at a cost of $1,315,000 9 Sold goods costing $1,604,000 for $2,500,000 on account Journalize the October transactions (Credit account titles are automatically indented wi No Account Titles and Explanation 1 Raw Materials Inventory Debit Credit 300000 Accounts Payable Work in Process Mixing Work in Process Packaging Raw Materials Inventory 300000 2 210000 45000 3 Factory Labor 278900 Wages Payable 278900 4 Work in Process Mixing 182500 Work in Process Packaging 96400 Factory Labor 278900 5 Manufacturing Overhead 810000 Accounts Payable 6 Work in Process Mixing 644000 Work in Process Packaging 138000 Manufacturing Overhead 7 Work in Process Packaging 979000 Work in Process Mixing 979000 8 Finished Goods Inventory 1315000 Work in Process Packaging 1315000 9 Accounts Receivable 2500000 Sales Revenue 2500000 (To record the sale)

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Fire Out Company manufactures its product, Vitadrink, through two manufacturing processes: Mixing and Packaging. All materials are entered at the beginning of each process. On

Fire Out Company manufactures its product, Vitadrink, through two manufacturing processes: Mixing and Packaging. All materials are entered at the beginning of each process. On October 1, 2020, inventories consisted of Raw Materials $26,000, Work in ProcessMixing $0, Work in ProcessPackaging $250,000, and Finished Goods $289,000. The beginning inventory for Packaging consisted of 10,000 units that were 50% complete as to conversion costs and fully complete as to materials. During October, 50,000 units were started into production in the Mixing Department and the following transactions were completed.

1.		Purchased $300,000 of raw materials on account.
2.		Issued raw materials for production: Mixing $210,000 and Packaging $45,000.
3.		Incurred labor costs of $278,900.
4.		Used factory labor: Mixing $182,500 and Packaging $96,400.
5.		Incurred $810,000 of manufacturing overhead on account.
6.		Applied manufacturing overhead on the basis of $23 per machine hour. Machine hours were 28,000 in Mixing and 6,000 in Packaging.
7.		Transferred 45,000 units from Mixing to Packaging at a cost of $979,000.
8.		Transferred 53,000 units from Packaging to Finished Goods at a cost of $1,315,000.
9.		Sold goods costing $1,604,000 for $2,500,000 on account.

Journalize the October transactions. (Credit account titles are automatically indented wi No. Account Titles and Explanation 1. Raw Materials Inventory Debit Credit 300000 Accounts Payable Work in Process- Mixing Work in Process - Packaging Raw Materials Inventory 300000 2. 210000 45000 3. Factory Labor 278900 Wages Payable 278900 4. Work in Process -Mixing 182500 Work in Process - Packaging 96400 Factory Labor 278900 5. Manufacturing Overhead 810000 Accounts Payable 6. Work in Process-Mixing 644000 Work in Process-Packaging 138000 Manufacturing Overhead 7. Work in Process-Packaging 979000 Work in Process - Mixing 979000 8. Finished Goods Inventory 1315000 Work in Process-Packaging 1315000 9 Accounts Receivable 2500000 Sales Revenue 2500000 (To record the sale)