Pronghorn Company produces a product in two departments: (1) Mixing and (2) Finishing. The company uses a process cost accounting system. Pronghorn had the following transactions during the current month: (a) Purchased materials for $52,000 on account. (b) 38 Direct materials requisitioned for production were: Direct materials Mixing department Finishing department (c) Incurred labor costs of $76,960. 99 (d) Factory labor used: Mixing department Finishing department $20,800 14,560 $45,760 31,200 (e) Manufacturing overhead is applied to the product based on machine hours used in each department: Mixing department-416 machine hours at $30 per machine hour. Finishing department-520 machine hours at $20 per machine hour. S Units costing $58,240 were completed in the Mixing Department and were transferred to the Finishing Department