Flint Company produces a product in two departments: (1) Mixing and (2) Finishing. The company uses a process cost accounting system. Flint had the following transactions during the current month: (a) Purchased materials for $59,000 on account. (b) Direct materials requisitioned for production were: Direct materials Mixing department $23,600 16,520 Finishing department (c) Incurred labor costs of $87,320. (d) Factory labor used: Mixing department $51,920 Finishing department 35,400 (e) Manufacturing overhead is applied to the product based on machine hours used in each department: Mixing department-472 machine hours at $30 per machine hour. Finishing department-590 machine hours at $20 per machine hour. Units costing $66,080 were completed in the Mixing Department and were transferred to the Finishing Department. Units costing $82,600 were completed in the Finishing Department and were transferred to finished goods. (f) (g) (h) Finished goods costing $47.200 were sold on account for $64,900. Prepare the journal entries to record the preceding transactions for Flint Company. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) No. Account Titles and Explanation (a) (b) (Purchase of raw materials on account). (c) (To record direct materials used in production) (d) (To record payroll liability) Debit Credit (e) (To assign factory labor to production) (f) (To assign overhead to production) (8) (ht) (To record transfer of units to the Finishing Department) (To record transfer of units to finished goods) (h2) (To record sale of finished goods on account) (To record cost of units sold)