A Company has two production departments: Fabricating and Finishing.

Beginning inventories are: Work in Process—Fabricating, $6,030; Work in Process—Finishing, $4,100; and Finished Goods, $5,600. During the month the following transactions occurred:
1.   Purchased $45,000 of raw materials on account
.2.   Incurred $65,000 of factory labor. Wages are unpaid
.3.   Incurred $50,000 of manufacturing overhead; $44,000 was paid and the remainder is unpaid
.4.   Requisitioned materials for Fabricating, $10,000 and Finishing, $8,000
.5.   Used factory labor for Finishing, $52,000 and Fabricating, $13,000.
6.   Applied $45,000 of overhead based on machine hours used in each department. The Finishing Department used twice as many machine hours as did Fabricating.Required: