2 2 points Reyes Manufacturing Company uses a job order cost system. At the beginning of January, the company had one job in process (Job 201) and one job completed but not yet sold (Job 200) Job 202 was started during January. Other select account balances follow (ignore any accounts that are not listed). During January, the company had the following transactions: (a) Purchased $20,000 worth of materials on account. (b) Recorded materials issued to production as follows: Book P References Job Number Total Cost 201 202 $12,000 21,000 Indirect materials 3,200 $36,200 (c) Recorded factory payroll costs from direct labor time tickets that revealed the following: Job Number 201 Hours 100 202 500 Total Cost $2,150 10,758 Factory supervision $17,900 (d) Applied overhead to production at a rate of $25 per direct labor hour for 600 actual direct labor hours. (e) Recorded the following actual manufacturing overhead costs: Item Total Cost Factory rent $3,100 Depreciation 2,500 Factory utilities 1,750 Factory insurance 1,250 $8,600 Description Paid in cash Factory equipment Incurred but not paid Prepaid policy Check my work