Exercise 4-1 (Static) Process Costing Journal Entries [LO 4-1] 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 used in production: Molding Department, $23.000; and Firing Department, $8,000 b. Direct labor costs 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. t. 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. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Use a compound journal entry as needed for each tronsaction.)