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Lubricants, Inc, produces a special kind of grease that is widely used by race car drivers. The grease is produced in two processing departments-Refining and

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Lubricants, Inc, produces a special kind of grease that is widely used by race car drivers. The grease is produced in two processing departments-Refining and Blending Raw materials are introduced at various points in the Refining Department, The following incomplete Work in Process account is available for the Refining Department for March Work in Process Refining Department March 1 balance 31,300 Completed and transferred to blending Matari 142, Director 25, 2010 verhead Balance The March work in process inventory in the Refining Department consists of the following elements, materiais $7.400 direct labor $3,400 and overhead $20.500 Cousincurred dutting March in the Blending Department were materials used. $45.000: direct lapor $17.400 and avemead cost God te production. 598.000 Required: Plecare journal entries to record me costs incurred in both Relihing Desartment and Blendte Department during Marcn. Key yes to the items on to below used in producto Die Do anterne COS eo for the entire facta. $646.000 Addoants Payable de Manacoret ES DOO online grederettige governote Complete with stesso Reseguimenteres treo to the Senang Department 55522 She were complete WATESDECHO DECESS. in the ending Department were transmelled to Fished Good. 520.000 Comotedents were so con account the cost of Goods 50 65 $510.000 2. Post the journal entries from (1) above to T-accounts. The following account balances existed at the beginning of March (The beginning balance in the Refining Department's Work In Process is given in the T-account shown above) Raw materials Work in process-slending Department Finished goods $207,600 $ 56,900 $ 13,00 Journal entry worksheet

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