Preston & Grover Soap Company manufactures powdered detergent. Phosphate is placed in process in the Making Department, where it is turned into granulars. The output of Making is transferred to the Packing Department, where packaging is added at the beginning of the process. On July 1, Preston & Grover Soap Company had the following inventories:

Finished Goods	$19,800
Work in ProcessMaking	7,700
Work in ProcessPacking	10,030
Materials	4,350

Departmental accounts are maintained for factory overhead, which both have zero balances on July 1.

Manufacturing operations for July are summarized as follows:

a.	Materials purchased on account		$246,650
b.	Materials requisitioned for use:
		PhosphateMaking Department	$162,930
		PackagingPacking Department	56,670
		Indirect materialsMaking Department	6,380
		Indirect materialsPacking Department	2,290
c.	Labor used:
		Direct laborMaking Department	$116,400
		Direct laborPacking Department	78,570
		Indirect laborMaking Department	22,540
		Indirect laborPacking Department	40,410
d.	Depreciation charged on fixed assets:
		Making Department	$21,250
		Packing Department	17,550
e.	Expired prepaid factory insurance:
		Making Department	$4,030
		Packing Department	1,610
f.	Applied factory overhead:
		Making Department	$55,550
		Packing Department	61,370
g.	Production costs transferred from Making Department to Packing Department		$335,850
h.	Production costs transferred from Packing Department to Finished Goods		$528,560
i.	Cost of goods sold during the period		$530,500

Required:

1. Journalize the entries to record the operations, identifying each entry by letter. For a compound transaction, if an amount box does not require an entry, leave it blank.

Item	Account	Debit	Credit
a.
b.
c.
d.
e.
f.
g.
h.
i.

2. Compute the July 31 balances of the inventory accounts.

Materials	$
Work in ProcessMaking Department	$
Work in ProcessPacking Department	$
Finished Goods	$

3. Compute the July 31 balances of the factory overhead accounts.

Factory OverheadMaking Department	$
Factory OverheadPacking Department	$