Prepare normal costing journal entries for each of the following events. You will also need the following information: Overhead was estimated at $50,000 for the year and direct labor hours (used to apply overhead) was estimated at 5,000 hours per day.

A) Purchase $100 of raw materials on account.

B) The foreman for job #85 requisitioned $50 of direct materials.

C) Paid $500 for rent. $300 was allocated to the factory and the balance was assigned to administrative offices.

D) Workers accumulated 400 hours of labor including 50 hours over overtime. 300 of the 400 hours were traced to particular jobs. The wage rate is $20 per hour.

E) The accountant recognized $200 depreciation on the CEO's car.

F) Job #103 was completed. At completion the job cost sheet showed $1,000 in direct materials and $8,000 in direct labor.

G) At the end of the accounting period, a total of $50960 if overhead had accumulated and direct labor amounting to $104,000 was recorded for the period. Overhead accounts are prorated among WIP, FG, and CGS according to the direct labor hours in each account. WIP had 200 DLH, FG had 1,000 DLH, and CGS had 4,000 DLH.