March 1 balance 33,600 Materials 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 polnts in the Refining Department The following incomplete Work In Process account is available for the Refining Department for March Work in Process Refining Department Completed and transferred to slending 151,600 Direct lobor Overhead March 31 balance The Match 1 work in process inventory in the Refining Department consists of the following elements materials, $7,600, direct labor, $4,300, and overhead, $21700. Costs incurred during March in the Blending Department were: materials used, 546,000, direct labor, $16,600; and overhead cost applied to production $112.000 Required: 1. Prepare journal entries to record the costs incurred in both the Refining Department and Blending Department during March Key your entites to the Items (a) through (a) below. 72,200 4B2.000 2 a raw materials used in production b. Direct labor costs incurred Manufacturing overhead costs incurred for the entire factory, $716.000 (Credit Accounts Payable) d Manufacturing overhead was applied to production using a predetermined overhead rate e Units that were complete with respect to processing in the Refining Department were transferred to the Blending Department $652,000