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a. Purchased $101,400 of raw materials on credit. b. Materials requisitions show the following materials used for the month c. Time tickets show the following

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a. Purchased $101,400 of raw materials on credit. b. Materials requisitions show the following materials used for the month c. Time tickets show the following labor used for the month. d. Applied overhead to job 201 and to Job 202 using a predetermined overhead rate 1580% of direct materials cost e. Transferred Job 201 to Finished Goods Inventory. 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 $167,960 on credit. (2) Record cost of goods sold for Job 201 g. Incurred the following actual other overhead costs for the month. 1. Prepare a job cost sheet for Job 201 and for Job 202 for the month. 2. Compute qros5 profit on the saie of Job 201 \begin{tabular}{|l|l|l|} \hline & JobNumber201 & JobNumber202 \\ \hline Materials & & \\ \hline Labor & & \\ \hline Overhead & & \\ \hline Total cost & & \\ \hline \end{tabular} Record materials purchases. Record direct materials used. Record indirect materials used. Record direct labor used. Record indirect labor used. Record overhead applied to jobs at the rate of 80% of direct materials cost. Record the completion of Job 201. te : = journal entry has been entered Record direct labor used. Record indirect labor used. Record overhead applied to jobs at the rate of 80% of direct materials cost. Record the completion of Job 201. Record the sale of job 201 on credit. Record the cost of goods sold for Job 201. 10 Record other actual factory overhead costs. Record materials purchases. Note: Enter debits before credits

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