1. The following data (in thousands) summarize the factory operations of the Jefferson Manufacturing Company for the year 20X1, its first year in business: (Click the icon to view the data.) Requirements 1. Prepare summary jounal entries. Omit explanations. For purposes of this problem, combine the items in part d as "overhead incurred." 2. Show the T-accounts for all inventories, Cost of Goods Sold, and Factory Department Overhead Control. Compute the ending balances of the inventories. Do not adjust for underapplied or overapplied factory overhead. Requirement 1. Prepare summary journal entries. Omit explanations. (Enter all amounts in thousands. Record debits first, then credits. Explanations are not required.) a. Direct materials purchased for cash, $650 Journal Entry Accounts Debit Credit a. b. Direct materials issued and used, $510. Journal Entry Accounts Debit Credit b. c. Labor used directly on production, $200. Journal Entry Accounts Debit Credit (10) (12) d1. or purposes of this problem, combine the items in part d as "overhead incurred. Journal Entry Accounts Debit Credit (13) (14) (15) (16) d