Sunland Company has two production departments: Cutting and Assembly. July $1$ inventories are Raw Materials $$3,948,$ Work in

Process$-$Cutting $$2,726,$ Work in Process$-$Assembly $$9,964,$ and Finished Goods $$29,140.$ During July, the following transactions

occurred.

Purchased $$58,750$ of raw materials on account.

Incurred $$56,400$ of factory labor. $($Credit Wages Payable.$)$

Incurred $$65,800$ of manufacturing overhead; $$37,600$ was paid and the remainder is unpaid.

Requisitioned materials for Cutting $$14,758$ and Assembly $$8,366.$

Used factory labor for Cutting $$31,020$ and Assembly $$25,380.$

Applied overhead at the rate of $$18$ per machine hour. Machine hours were Cutting $1,582$ and Assembly $1,614.$

Transferred goods costing $$63,544$ from the Cutting Department to the Assembly Department.

Completed and transferred goods costing $$126,806$ from Assembly to Finished Goods Inventory.

Sold goods costing $$141,000$ for $$188,000$ on account.