2. Woolworth is a manufacturing Company that has a Job Oder System. Its Worksheet for July 2020 has the following cost information: 1. Materials used $150,000300,000 ii. Direct labor used 300,000 iii. Factory Overhead is pre-determined at 3 times of material cost. iv. There were 1000 units in production. Required: a. Compute the total cost of goods in production. No statement is required. b. What is the unit cost of production? Show computation. c. Suppose you sold one-half of the goods manufactured for cash at 5 times of your cost, prepare the general journal entries to record the finished Job Inventory, Cost of goods Sold and Sales Revenue of the lob