14	Applied $80 of direct materials to job 126 (requisition number 48), applied factory overhead at the rate given previously and applied $120 of direct labor (time ticket 33) withholding taxes at the rates given previously. This finished off the job so we transferred all costs from WIP into Finished Goods.
15	Recorded the sale of Job 126 to the cash customer reporting the sale at the retail price of $672 and moving our cost of finished goods into Cost of Goods Sold.
15	Paid Utility bill, $510. 85% for manufacturing area, 15% for nonmanufacturing area.
16	Added $1,150 of materials to job 125. Remember to also apply factory overhead as shown earlier. Also added $1,462 of labor. Remember to withhold taxes as shown earlier. This finished off job 125.
16	Sold job 125 to Oversize Games on account. Sales price is $8,010. Determine our total cost from the job cost records.
17	Received an order for a medium bean bag game from a cash customer. Set up job 127. Began working on the job by applying $40 of direct materials (requisition number (49), applying factory overhead, and applying $20 of direct labor (time ticket 34) withholding the appropriate taxes.
21	Received an order for 3 large Falling Orbs and 2 Medium Falling Orbs from Fun For All Backyard Games. Set up job 128. Began working on the job by applying $220 of direct materials (requisition number 50), apply factory overhead, and $410 of direct labor (time ticket number 35) withholding taxes.
21	Sold 2 large Giant Jenga games and 1 large Falling Orbs game to a cash customer from inventory. Our cost is $870. Sales price is $1,218.
21	Received a check from Oversize Games for $3,290 in payment of their December 31 balance.
21	Used materials on hand to work on all jobs currently in process, $217
23	Purchased paint and stain (direct materials) from Paint To Go on account, $692.
27	Set up bookkeeper salary, $960 for the month, indicate withholding for federal income tax and FICA. Withhold payroll taxes at the same rate we used for direct labor transactions.
30	Set up employer payroll taxes for both manufacturing employees and nonmanufacturing employees. Debit Factory Overhead 365.06; Debit Payroll Tax Expense 167.52; credit FICA Tax Payable 233.48; credit FUTA Tax Payable 24.42; credit SUTA Tax Payable 274.68.
30	Paid all employees for wages earned in January.
30	Owner withdrew $3,200 for personal use.
30	Received $1,015.60 on account from Fun For All Backyard Games
30	Received $2,650 on account from Utopian Backyard Fun
30	Paid Local Got It All on account, $325
30	Paid Lumber Unlimited on account, $9,700
30	Paid Paint To Go on account, $1,120
30	Purchased materials on account from Lumber Unlimited, $4,300