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Port Ormond Carpet Company manufactures carpets. Fiber is placedin process in the Spinning Department, where it is spun into yarn.The output of the Spinning Department is transferred to the TuftingDepartment, where carpet backing is added at the beginning of theprocess and the process is completed. On January 1, Port OrmondCarpet Company had the following inventories:

Finished Goods	$7,200
Work in Process-SpinningDepartment	1,000
Work in Process-TuftingDepartment	2,400
Materials	4,300

Departmental accounts are maintained for factory overhead, andboth have zero balances on January 1. Manufacturing operations forJanuary are summarized as follows:

Jan.	1	Materials purchased on account,$80,000
	2	Materials requisitioned foruse:
		Fiber—Spinning Department,$42,000
		Carpet backing—Tufting Department,$34,600
		Indirect materials—SpinningDepartment, $3,000
		Indirect materials—TuftingDepartment, $2,900
	31	Labor used:
		Direct labor—Spinning Department,$26,900
		Direct labor—Tufting Department,$17,800
		Indirect labor—Spinning Department,$11,700
		Indirect labor—Tufting Department,$11,800
	31	Depreciation charged on fixedassets:
		Spinning Department, $5,300
		Tufting Department, $3,500
	31	Expired prepaid factoryinsurance:
		Spinning Department, $1,300
		Tufting Department, $1,000
	31	Applied factory overhead:
		Spinning Department, $21,500
		Tufting Department, $18,850
	31	Production costs transferred fromSpinning Department to Tufting Department, $85,000
	31	Production costs transferred fromTufting Department to Finished Goods, $152,600
	31	Cost of goods sold during theperiod, $155,300

	Required:
1.	Journalize the entries torecord the operations, using the dates provided with the summary ofmanufacturing operations. Refer to the Chart of Accounts for exactwording of account titles.
2.	Compute the January 31 balancesof the inventory accounts.
3.	Compute the January 31 balancesof the factory overhead accounts.