Subtitie Subtie i No Spacing Heading 1 Heading 2 Titie Problem 3 Chang Co. manufacturers its products in a continuous process involving two departments, Machining and Assembly. s to record the following selected transactions related to production during June: (a) Materials purchased on account, $225,000. PLACE ANSWER HERE (b) Materials requisitioned by: Machining, $73,00 direct and $9,000 indirect materials; (c) Direct labor used by Machining, $23,000 Assembly, $47,000 (d) Depreciation expenses: Machining, $2,000, Assembly, $8,000. Assembly, $4,900 indirect materials. PLACE ANSWER HERE PLACE ANSWER HERE PLACE ANSWER HERE (e) Factory overhead applied: Machining, $9,700; Assembly, $11,300 PLACE ANSWER HERE (1) Machining Department transferred $98,300 to Assembly Department Assembly Department transferred $83,400 to finished goods PLACE ANSWER HERE (g) Cost of goods sold, $72,000 PLACE ANSWER HERE