1.Annapolis Company manufactures quality boating apparel.The following selected financial information for the fiscal year 2020 is provided:

Item Amount

Sales $850,000

Beginning Raw Material Inventory 74,000

Direct Material Purchased 318,000

Factory Overhead 90,000

Finished Goods Inventory - January 1 144,000

Work in Process - January 1 74,000

Work in Process - December 31 98,000

Ending Raw Material Inventory 58,000

Finished Goods Inventory - December 31 168,000

Net Income 65,000

Direct Labor 155,000

Cost of Goods Sold 531,000

Use this information toprepareda detailed Schedule of Costs of Goods Manufactured for FY 2020: (Round dollar values & enter as whole dollars only.Properly title your statement.)

2.Alaska Corporation purchased, on account, 6,600 pounds of raw materials at $7.50 per pound on January 2, 2019. The production manager requisitioned and received 2,350 pounds of raw material into production on January 15.Use this information to prepare the General Journal entries (without explanation) for January 2 and January 15. If no entry is required then write "No Entry Required."

3.Baltimore Company uses a job order cost system and applies overhead based on estimated rates.The overhead application rate is based on total estimated overhead costs of $280,000 and direct labor hours of 25,000. During the month of February 2019, Job 2-1 incurred direct labor of 450 hours.Use this information to prepare the end of the month application General Journal entry (without explanation) of factory overhead for Job 2-1 for the month. If no entry is required then write "No Entry Required."