Journal information: Journalize the entries to record the operations, using the dates provided with the summary of manufacturing operations.

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 Dop process and the process is completed on January 1, Port Ormond Carpet Company had the following inventories: $8.400 1,600 Finished Goods Work in Process Spinning Department Work in Process-Tufting Department Materials 2,100 4,500 Departmental accounts are maintained for factory overhead, and both have zero balances on January 1. Manufacturing operations for January are summarized as follo Jan 1 Materials purchased on account, $84,300 2 Materials requisitioned for use Fiber-Spinning Department, $42,600 Carpet backing-Tufting Department, $34,500 Indirect materials-Spinining Department, $4,000 Indirect materials-Tufting Department, $2,500 31 Labor used: 31 31 Direct labor-Spinning Department. $27,200 Direct labor-Tufting Department, 518,600 Indirect labor-Spinning Department, $12,200 Indirect labor-Tufting Department, S11,800 Depreciation charged on fixed assets. Spinning Department, $5,300 Tufting Department, $3,300 Expired prepaid factory insurance: Spinning Department, $1,200 Tutting Department. $1,000 Applied factory overhead: Spinning Department, $23,100 Tufting Department, $18,150 Production costs transferred from Spinning Department to Tutting Department, $86,000 Production costs transferred from Tufting Department to Finished Goods. $150.000 Cost of goods sold during the period, $154,500 31 31 31 31 JOURNAL Score: 20/346 ACCONTINENTION LOUITY DESCRIPTION POSTER CREDIT DATE Jan. 1 Materials DET 34,300.00 1 1 2 10 11 15 16 11 23 Jan 31 Cost of Goods Sold 2. Compute the January 31 balances of the inventory accounts. Enter your amounts in positive value $84,300 X Materials Work in Process - Spinning Department Tufting Department Finished Goods $ $ kkk $ Points 078 3. Compute the January 31 balances of the factory overhead accounts. Enter your amountain pontive value Factory Overead Spinning Department $ Tufting Department s Points Ik 074