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 Department is transferred to the Tufting Department, where carpet backing is added at the beginning of the process and the process is completed. On January 1, Port Ormond Carpet Company had the following inventories: $8,200 1,800 Finished Goods Work in Process-Spinning Department Work in Process-Tufting Department Materials 2,900 4,800 Departmental accounts are maintained for factory overhead, and both have zero balances on January 1. Manufacturing operations for January are summarized as follows: Jan. 1 2 Materials purchased on account, $82,700 Materials requisitioned for use: Fiber-Spinning Department, $43,800 Carpet backing-Tufting Department, $34,900 Indirect materials-Spinning Department, $3,200 Indirect materials-Tutting Department, $2,800 31 Labor used: Direct labor-Spinning Department, $27,000 Direct labor-Tufting Department, $17.400 Indirect labor-Spinning Department, $11,600 Indirect labor-Tufting Department, $11,700 Depreciation charged on fixed assets: Spinning Department, $5,200 Tufting Department, $3,100 Expired prepaid factory insurance: Spinning Department, $1,500 31