Sheridan Company has two production departments: Cutting and Assembly. July 1 inventories are Raw Materials $3,864, Work in Process-Cutting $2,668, Work in Process-Assembly $9,752, and Finished Goods $28,520. During July, the following transactions occurred. 1. Purchased $57,500 of raw materials on account. 2. Incurred $55,200 of factory labor. (Credit Wages Payable.) 3. Incurred $64,400 of manufacturing overhead; $36,800 was paid and the remainder is unpaid. 4. Requisitioned materials for Cutting $14,444 and Assembly $8,188. 5. Used factory labor for Cutting $30,360 and Assembly $24,840. 6. Applied overhead at the rate of $18 per machine hour. Machine hours were Cutting 1,548 and Assembly 1,580. 7. Transferred goods costing $62,192 from the Cutting Department to the Assembly Department. 8. Completed and transferred goods costing $124,108 from Assembly to Finished Goods Inventory. 9. Sold goods costing $138,000 for $184,000 on account. Journalire the transactions. (List all debit entries before credit entries Credit account eltles ore automatically indented when amount is entered. Do not indent manually No. Account Titles and Explanation Debit Credit 1. 2. 3. 7. 9. (To record the cost of goods sold) (To record the sale)