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 $14,880 Work in Process-Making 5,780 Work in ProcessPacking 7,540 Materials 3,270 Departmental accounts are maintained for factory overhead, which both have zero balances on July 1. $185,370 $122,450 42,590 4,790 1,720 Manufacturing operations for July are summarized as follows: a. Materials purchased on account b. Materials requisitioned for use: Phosphate-Making Department Packaging-Packing Department Indirect materials-Making Department Indirect materials-Packing Department C. Labor used: Direct laborMaking Department Direct labor-Packing Department Indirect labor-Making Department Indirect labor-Packing Department d. Depreciation charged on fixed assets: Making Department Packing Department e. Expired prepaid factory insurance: Making Department $87,480 59,050 16,940 30,370 $15,970 13,190 $3,030 Packing Department 1,210 f. Applied factory overhead: Making Department $41,750 Packing Department 46,130 9. Production costs transferred from Making Department to Packing Department $252,410 h. Production costs transferred from Packing Department to Finished Goods $397,240 i. Cost of goods sold during the period $398,700 Required: 1. Journalize the entries to record the operations. If an amount box does not require an entry, leave it blank. Item Account Debit Credit a. b. II Illl lllll c. III d