Ivanhoe Company has two production departments: Cutting and Assembly. July 1 inventories are Raw Materiais $3,612. Work in Process-Cutting $2,494, Work in Process-Assembly $9,116, and Finished Goods $26,660. During July, the following transactions occurred. 1. Purchased $53,750 ot raw materials on account. 2. Incurred $51,600 of factory labor. (Credit Wages Payable.) 3. Incurred $60,200 of manufacturing overhead; $34,400 was paid and the remainder is unpaid. 4. Requisitioned materials for Cutting $13.502 and Assembly $7,654. 5. Used factory labor for Cutting $28,380 and Assembly $23,220. 6. Applied overhead at the rate of $18 per machine hour. Machine hours were Cutting 1,446 and Assembly 1,478. 7. Transferred goods costing $58,136 from the Cutting Department to the Assembly Department. 8. Completed and transferred goods costing $116,014 from Assembly to Finished Goods inventory. 9. Sold goods costing $129,000 for $172,000 on account. Journalize the transactions. (List all debit entries before credit entries. Credit account tities are automatically indented when amount is entered. Do not indent manually)