7 Check my work Information on Kwon Manufacturing's activities for its first month of operations follows: Part 3 of 3 a. Purchased $100,900 of raw materials on credit. b. Materials requisitions show the following materials used for the month. 1.12 points Skipped eBook Job 201 Job 202 Total direct materials Indirect materials Total materials used $ 49,100 24,500 73,600 9,520 $ 83,120 c. Time tickets show the following labor used for the month. Print Job 201 Job 202 References Total direct labori Indirect labor Total labor used $ 40,100 13,500 53,600 25,100 $ 78,700 d. Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate is 80% of direct materials cost. e. Transferred Job 201 to Finished Goods Inventory. f. (1) Sold Job 201 for $166,460 on credit. (2) Record cost of goods sold for Job 201. g. Incurred the following actual other overhead costs for the month. Depreciation of factory equipment Rent on factory building (payable) Factory utilities (payable) Expired factory insurance Total other factory overhead costs $ 32,900 590 890 3,900 $ 38,280 Part 3 of 3 Total other factory overhead costs $ 38,280 Post entries for transactions a through g to the T-accounts. Each of T-accounts started th month with a zero balance. 1.12 points Raw Materials Inventory Skipped Beginning Balance eBook Ending balance Print Factory Overhead References Beginning Balance 0 Ending balance Beginning Balance 0 Cost of Goods Sold 0 Ending balance 0 + Beginning Balance Ending balance Beginning Balance Ending balance Work in Process Inventory Beginning Balance 0 Ending balance + Beginning Balance 0 Finished Goods Inventory 0 Ending balance 0