Quality Brick Company produces bricks in two processing departments—Molding and Firing. Information relating to the company’s operations in March follows:
a. Raw materials were issued for use in production: Molding Department, $23,000; and Firing Department, $8,000.
b. Direct labor costs were incurred: Molding Department, $12,000; and Firing Department, $7,000.
c. Manufacturing overhead was applied: Molding Department, $25,000; and Firing Department, $37,000.
d. Unfired, molded bricks were transferred from the Molding Department to the Firing Department. According to the company’s process costing system, the cost of the unfired, molded bricks was $57.000.
e. Finished bricks were transferred from the Firing Department to the finished goods warehouse. According to the company’s process costing system, the cost of the finished bricks was $103,000.
f. Finished bricks were sold to customers. According to the company’s process costing system, the cost of the finished bricks sold was $101,000.
Required:
Prepare journal entries to record items (a) through (f) above.