Lubricants, Incorporated, 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 Debit March 1 balance 33,100 Credit Completed and transferred to Blending ? Materials Direct labor Overhead 140,600 67,200 474,000 ? March 31 balance The March 1 work in process inventory in the Refining Department consists of the following elements: materials, $7,800; direct labor, $4,300; and overhead, $21,000. Costs incurred during March in the Blending Department were: materials used, $44,000; direct labor, $16,900; and overhead cost applied to production, $106,000. 1 2 3 4 5 6 7 8 Record issuance of raw materials to Refining and Blending Department. Note: Enter debits before credits. Transactions a. General Journal Debit Credit K 1 3 4 5 6 7 8 Record direct labor cost incurred for Refining and Blending Department. Note: Enter debits before credits. Transactions b. General Journal Debit Credit 1 2 4 5 6 7 8 Record manufacturing overhead costs incurred for the entire factory. ote: Enter debits before credits. Transactions C. General Journal Debit Credit > 1 2 3 5 6 7 8 Record entry to apply overhead cost to production at a predetermined rate to the Refining Department and Blending Department. Note: Enter debits before credits. Transactions d. General Journal Debit Credit 1 2 3 4 6 7 8 Record transfer of semi finished units from Refining to Blending Department. Note: Enter debits before credits. Transactions e. General Journal Debit Credit 1 2 3 4 5 6 7 8 Record the transfer of completed units from the Blending Department to finished goods. ote: Enter debits before credits. Transactions f. General Journal Debit Credit 1 2 3 4 5 6 8 Record sales on account. Note: Enter debits before credits. Transactions General Journal Debit Credit g(1). 1 2 3 4 5 6 7 Record cost of goods sold. Note: Enter debits before credits. Transactions g(2). General Journal Debit Credit Post the journal entries from Requirement 1 to T-accounts. Accounts Receivable Debit Beginning Balance Ending Balance 0 Raw Materials Credit Debit Credit Beginning Balance Work in Process-Refining Department Debit Beginning Balance Ending Balance Work in Process-Blending Department Credit Debit Beginning Balance Ending Balance 0 Ending Balance Credit Beginning Balance Ending Balance Finished Goods Manufacturing Overhead Debit Credit Debit Credit Beginning Balance Debit Beginning Balance Ending Balance 0 0 Ending Balance Accounts Payable Credit 0 0 Salaries and Wages Payable Debit Credit Beginning Balance + Ending Balance 0 Sales Cost of Goods Sold Debit Credit Debit Credit Beginning Balance Beginning Balance