a. Raw materials purchased on account, $210,000 b. Raw materials used in production, $191,000 ($152,800 direct...

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a. Raw materials purchased on account, $210,000 b. Raw materials used in production, $191,000 ($152,800 direct materials and $38,200 indirect materials). c. Accrued direct labor cost of $50,000 and indirect labor cost of $21,000 d. Depreciation recorded on factory equipment, $105,000 e. Other manufacturing overhead costs accrued during October, $130,000 f. The company applies manufacturing overhead cost to production using a predetermined rate of $6 per machine 76,300 machine-hours were used in October g. Jobs costing $512,000 according to their job cost sheets were completed during October and transferred to Fin h. Jobs that had cost $449,000 to complete according to their job cost sheets were shipped to customers during t jobs were sold on account at 38% 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 Compute the ending balance in each account, assuming that Work in Process has a beginning balance of $36,000. Complots th a. Raw materials purchased on account, $210,000 b. Raw materials used in production, $191,000 ($152,800 direct materials and $38,200 indirect materials). c. Accrued direct labor cost of $50,000 and indirect labor cost of $21,000 d. Depreciation recorded on factory equipment, $105,000 e. Other manufacturing overhead costs accrued during October, $130,000 f. The company applies manufacturing overhead cost to production using a predetermined rate of $6 per machine 76,300 machine-hours were used in October g. Jobs costing $512,000 according to their job cost sheets were completed during October and transferred to Fin h. Jobs that had cost $449,000 to complete according to their job cost sheets were shipped to customers during t jobs were sold on account at 38% 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 Compute the ending balance in each account, assuming that Work in Process has a beginning balance of $36,000. Complots th