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Fire Out Company manufactures its product. Vitadrink, through two manufacturing processes: Mixing and Packaging. The following transactions were completed during October, the company's first month

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Fire Out Company manufactures its product. Vitadrink, through two manufacturing processes: Mixing and Packaging. The following transactions were completed during October, the company's first month of operations, 1. 2. 3. 4. 5. Purchased $301,200 of raw materials Issued raw materials for production: Mixing $211,200 and Packaging $47.900. Incurred labor costs of $285,500. Used factory labor: Mixing $186,400 and Packaging $99.100. Incurred $903,900 of manufacturing overhead. Applied manufacturing overhead on the basis of $23 per machine hour. Machine hours were 31.100 in Mixing and 7.200 in Packaging Transferred 48,500 units from Mixing to Packaging at a cost of $982,300, Transferred 56,300 units from Packaging to Finished Goods at a cost of $1,320,000. Sold goods costing $1,215,000. 6. 7. 8. 9. Record the October transactions using the following format. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses e..(45)) Record the October transactions using the following format. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45)) WORK Raw Materials Inventory MANUFACTURING COSTS Factory Labor $ Manufacturing Overhead Mixing 1 $ 2. 3. 4. 5. 6. 7 co 9. Record the October transactions using the following format. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45) WORK IN PROCESS Packaging FINISHED GOODS INVENTORY COST OF GOODS SOLD Mixing $ $

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