a. Raw materials purchased on account, $209,000 b. Raw materials used in production $189.000 ($151.200 direct materials and $37,800 indirect materials) c. Accrued direct labor cost of $50,000 and indirect labor cost of $21,000 d. Depreciation recorded on factory equipment, $104.000 e. Other manufacturing overhead costs accrued during October, $131,000 1. The company applies manufacturing overhead cost to production using a predetermined tate of $9 per machine-hour. A total of 76,300 machine-hours were used in October 9. Jobs costing $514.000 according to their job cost sheets were completed during October and transferred to Finished Goods. h. Jobs that had cost $449.000 to complete according to their job cost sheets were shipped to customers during the month. These jobs were sold on account at 30% above cost. Required: 1. Prepare journal entries to record the transactions given above 2. Prepare T-accounts for Manufacturing Overhead and Work in Process Post the relevant transactions from above to each account Compute the ending balance in each account, assuming that Work in Process has a beginning balance of $34.000