Oment Attempt In Progress Sheffield Out Company manufactures its product, Vitadrink through two manufacturing processes: Moding and Packaging All materials are entered at the beginning of each process: On October 1, 2020, inventories consisted of Raw Materials $26,300, Work in Process-Modne $0, Work in Process-Padaging $251,700, and Finished Goods $291,100 The beginning inventory for Packaging consisted of 13,400 units that were 5086 complete as to conversion costs and fully complete as to materials. During October, 51.200 units were started into production in the Micing Department and the following transactions were completed 1234 5 Purchased $301,200 of raw materials on account. Issued raw materials for production: Moding $211,200 and Packaging $47,900 Incurred labor costs of $285,500 Used factory labor Modine $186,400 and Packaging $99,100 Incurred $903,900 of manufacturing overhead on account Applied manufacturing overhead on the basis of $23 per machine hour Machine hours were 31,100 in Mixing and 7.200 in Packaging 7 Transferred 48,500 units from Moding to Packaging at a cost of $982,300. Transferred 56,300 units from Packaging to Finished Goods at a cost of $1,320,000 8 9. Sold goods costing $1,644,000 for $2.504,000 on account. Journalize the October transactions. (Credit account titles are automatically Indented when amount is entered. Do not indent manualy) No. Account Titles and Explanation Debit Credit 1. 2. 3. 4. 5. 6. 7. 8.