Schrager Company has two production departments: Cutting andAssembly. During July, the following transactionsoccurred.
| 1. | | Purchased $63,700 of raw materials. |
| 2. | | Incurred $60,200 of factory labor. |
| 3. | | Incurred $71,100 of manufacturing overhead. |
| 4. | | Requisitioned materials for Cutting $15,900 and Assembly$9,600. |
| 5. | | Used factory labor for Cutting $33,800 and Assembly$26,400. |
| 6. | | Applied overhead at the rate of $20 per machine hour. Machinehours were Cutting 1,700 and Assembly 1,750. |
| 7. | | Transferred goods costing $69,080 from the Cutting Departmentto the Assembly Department. |
| 8. | | Transferred goods costing $135,500 from Assembly to FinishedGoods. |
| 9. | | Sold goods costing $121,500. |
Record the transactions using the following format. Not to useJournalize the transactions.
