14-Al Job-Order Costing, Basic Journal Entries The following data (in thousands) summarize the factory operations of the Jonas Manufacturing Company for the year 20X1, its first year in business: a. $350 b. 210 c. 150 di. 130 d2. Direct materials purchased for cash Direct materials issued and used Labor used directly on production Indirect labor Depreciation of plant and equipment Miscellaneous factory overhead (ordinarily would be detailed) Overhead applied: 180% of direct labor cost Cost of production completed Cost of goods sold 40 d3. 70 e. ? f. 575 g. 415 1. Prepare summary journal 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 over- applied factory overhead