Problem 16-1A Fire Out Company manufactures its product, Vitadrink, through two manufacturing processes: Mixing and Packaging. All materiels are entered at the beginning of each process. On October 1, 2017, inventories consisted of Raw Materials $26,000, Work in Process Mi ng $0 workin Pro ess Packaging S250,000, and Finished Goods $289,000. The beginning inventory for Peck ging consisted of 10,000 units that ere 50% complete as to conversion costs and fully complete as to materials. Du ng October, 50,000 units were started into production in the Mixing Department nd the following transactions were completed. for Peckeging consisted of 1o,Dco unts o 1. Purchased $30o,000 of raw materials on account. 2. Issued raw materials for production: Mixing $210,000 and Packaging $45,000. 3. Incurred labor costs of $278,900 4. Used factory labor: Mixing $182,500 and Packaging $96,400 5. Inoured $810,000 of manufacturing overhead on account. . Applied manufacturing overhead on the basis of $23 per machine hour. Machine hours were 28,000 in Mixing and 6,000 in Peckaging. 7. Transferred 45,000 units from Mixing to Packaging at a cost of $979,000 8. Transferred 53,000 units from Packaging to Finished Goods at a cost of1,315,000 9. Sold goods costing $1,604,000 for $2,500,000 on account. Sr