2. Noelle's Necklaces uses a job order costing system: 8-1: Nikki Bella ordered a gold necklace 8-1: 20 ounces of gold is requisitioned from the warehouse. The gold costs $600 per ounce. 8-1 through 8-10 the factory works on the necklace Direct labor 50 hours at $90 per hour Manufacturing overhead is allocated to jobs based on direct labor hours the rate is $50 per direct labor hour. 8-11: The necklace is completed and transferred to the showroom. 8-12: The necklace is delivered to Nikki Bella and she is billed $80,000. Required: Prepare the appropriate journal entries and post them to the ledger