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Preston & Grover Soap Company manufactures powdered detergent. Phosphate is placed in process in the Making Department, where it is turned into granulars. The output

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:
\table[[Finished Goods,$13,500
Jul. 1 Materials purchased on account, $149,800
2 Materials requisitioned for use:
Phosphate-Making Department, $105,700
Packaging_Packing Department, $31,300
Indirect materials - Making Department, $4,980
Indirect materials-Packing Department, $1,530
31 Labor used:
Direct labor-Making Department, $32,400
Direct labor-Packing Department, $40,900
Indirect labor-Making Department, $15,400
Indirect labor-Packing Department, $18,300
31 Depreciation charged on fixed assets:
Making Department, $10,700
Packing Department, $7,900
31 Expired prepaid factory insurance:
Making Department, $2,000

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