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5.43 01, 02 T-account job costing entries S-F Manufacturing Company performs a variety of activities for custom products. This week the following transactions took place.

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5.43 01, 02 T-account job costing entries S-F Manufacturing Company performs a variety of activities for custom products. This week the following transactions took place. 1. Received 600 units of material at $12 per unit. 2. Issued 120 units of material for Job 26M and 80 units for Job 27N 3. Received miscellaneous supplies for $420. The costs are recorded as overhead. 4. Job 26M required 110 hours of direct labor and Job 27N required SO hours. Direct labor is paid S22 per hour. 5. Overhead is allocated at the rate of 120% of direct labor. 6. Other costs included $500 for utilities, $900 in depreciation, and $1,200 for supervision. 7. Beginning work-in-process for Job 26M was S2,400. 8. Job 26M was completed during the week 9. Delivered Job 26M to the customer. IRED: A. Set up all of the T-accounts needed to record this information. Use titles similar to those in Exhibit 5.7 B. Record all of the transactions for the week

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