8 of 10 View Policies Current Attempt in Progress -/10 The following events occurred over the course of a year at Coronado Corp, which uses a job order costing system: 1. Direct materials purchases totaled $581.000. Coronado Corp tracks its direct materials separately from its indirect materials Purchases were made on account. 2 $131,000 of indirect materials were used in production Coronado uses a separate Supplies Inventory account for indirect materials 3. $561.000 of direct materials were used in production 4. The direct labor payroll was $791,000 (credit Wages Payable 5 Other manufacturing overhead costs incurred during the year totaled $689,000. 6. Coronado applies overhead based on a predetermined overhead rate of $26 per machine hour. The company ved 50.000 machine hours during the year. 7. During the year. Coronado transferred goods costing $2.470.000 into the Finished Goods Inventory account. 8. Coronado sold products with a manufacturing cost of $2.398,000 to customers during the year. -/10 No. Account Titles and Explanation Debit Credit 1 2. (To recond purchase of direct materials 2 (Te record use of indirect materials in production) 4 (To record use of direct mates in pduction) d Question 8 of 10 < A (To record actual manufacturing overhead) (To record applied manufacturing overhead) (To record brand of completed goods to Feed Goods Inventory) (To recond set of good for the period eTextbook and Media List of Accounts -10 =>