2 jobs Job 1- make 500 Hamburgers (1 patty, 2 buns) Job 2 - make 1000 double deckers 12 patties, 3 buns) Purchased 5000 pattles for $5000, and 5000 buns for $2500 I takes 1/100 of an hour to complete a burger. DL = $25/hour Ketchup and mustard cost $50 The janitor for the kitchen cost $150 2. 3. 1. Enter the journal entry For the purchases/receivings. Enter the journal entry for the direct materials requisitions (by job). Prepare the journal entry for factory payroll. 4. Enter the journal entry for direct labor. Job 101 required 6 hours of labor. Job 102 required 8 hours of labor (by joh) (hint: compute the average rate), 5. 10 grams of gold went to indirect materials. Prepare the journal entry 6. 25 hours of labor went to indirect labor. Prepare the journal entry. 7. Overhead is applied at a rate of 75% of direct materials AND direct labor COSTS. Show the journal entries. (by job) 8. Show the joumal entry for the completion for each job. Assume the company has a 30% markup. What is the price of each job? 10. Show Sales, CGS and Gross Profit in income statement format for the two jobs (by job)? 9. 2 jobs Job 1- make 500 Hamburgers (1 patty, 2 buns) Job 2 - make 1000 double deckers 12 patties, 3 buns) Purchased 5000 pattles for $5000, and 5000 buns for $2500 I takes 1/100 of an hour to complete a burger. DL = $25/hour Ketchup and mustard cost $50 The janitor for the kitchen cost $150 2. 3. 1. Enter the journal entry For the purchases/receivings. Enter the journal entry for the direct materials requisitions (by job). Prepare the journal entry for factory payroll. 4. Enter the journal entry for direct labor. Job 101 required 6 hours of labor. Job 102 required 8 hours of labor (by joh) (hint: compute the average rate), 5. 10 grams of gold went to indirect materials. Prepare the journal entry 6. 25 hours of labor went to indirect labor. Prepare the journal entry. 7. Overhead is applied at a rate of 75% of direct materials AND direct labor COSTS. Show the journal entries. (by job) 8. Show the joumal entry for the completion for each job. Assume the company has a 30% markup. What is the price of each job? 10. Show Sales, CGS and Gross Profit in income statement format for the two jobs (by job)? 9