Sunland Company has two production departments: Cutting and Assembly. July inventories are Raw Materials $ Work in
ProcessCutting $ Work in ProcessAssembly $ and Finished Goods $ During July, the following transactions
occurred.
Purchased $ of raw materials on account.
Incurred $ of factory labor. Credit Wages Payable.
Incurred $ of manufacturing overhead; $ was paid and the remainder is unpaid.
Requisitioned materials for Cutting $ and Assembly $
Used factory labor for Cutting $ and Assembly $
Applied overhead at the rate of $ per machine hour. Machine hours were Cutting and Assembly
Transferred goods costing $ from the Cutting Department to the Assembly Department.
Completed and transferred goods costing $ from Assembly to Finished Goods Inventory.
Sold goods costing $ for $ on account.
