Instructions Port Ormond Carpet Company manufactures carpets. Fiber is placed in process in the Spinning Department, where it is spun into yarn. The output of the Spinning Department is transferred to the Tufting Department, where carpet backing is added at the beginning of the process and the process is completed. On January 1, Port Ormond Carpet Company had the following inventories Finished Goods Work in Process-Spinning Department Work in Process-Tufting Department Materials $6,200 1,100 2,700 4,200 Departmental accounts are maintained for factory overhead, and both have zero balances on January 1. Manufacturing operations for January are summarized as follows: Jan. 1 Materials purchased on account, $81,200 2 Materials requisitioned for use: Fiber-Spinning Department, $43,000 Carpet backing-Tufting Department, $34,200 Indirect materials-Spinning Department, $3,500 Indirect materials-Tufting Department, $2,800 31 Labor used: Direct labor-Spinning Department, $27,600 Direct labor-Tufting Department, $17,900