Scraggie Company, manufactures all-purpose pants for toddlers. The company has two production departments: Cutting and Sewing. July 1 inventories are Raw Materials $5,160, Work in Process Cutting $3,460, Work in Process Sewing $11,510, and Finished Goods $32,900. During July, the following transactions occurred.Jul 1 Purchased $63,420 of raw materials on account.2Incurred $61,270 on factory labor. (Credit Factory Wages Payable)3Incurred $72,000 of manufacturing overhead; $41,850 was paid and the remainder was unpaid.4Requisitioned materials for Cutting $16,610 and Sewing $9,460. 5Payroll registers shows factory labor for Cutting to be $33,580 and for Sewing to be $27,690.6Applied overhead at the rate of $20 per machine hour. Machine hours were Cutting 1,730 and Sewing 1,770.7Transferred goods costing $67,770 from the Cutting to the Sewing Department.8Transferred goods costing $135,950 from Sewing to Finished Goods.9Sold goods costing $151,670 for $202,390 on account.10Transfer any over- or under-applied overhead to the appropriate account.Required: Journalize the transactions and post to manufacturing T-accounts.