19-8

Required information [The following information applies to the questions displayed below.] Information on Kwon Manufacturing's activities for its first month of operations follows: o. Purchased $100,200 of raw materials on credit. b. Materials requisitions show the followinc materials used for the month. c. Time tickets show the following labor used for the month. d. Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate of 80% of direct materials cost. e. Transferred Job 201 to Finished Goods Inventory f. Sold Job 201 for $164,360 on credit. 9. Incurred the following actual other overhead costs for the month. Post entries for transactions a through g to the T-accounts. Each of T-accounts started the month with a zero balance. Post entries for transactions a through g to the T-accounts. Each of T-accounts started the month with a zero balance