AL Waterways Problem 02a-c Waterways has two major public park projects to provide with comprehensive irrigation in one of its service locations this month Job 157 and Job S2 involve 15 acres of landscapes terrain, which will require special-order, sprinker heads to meet the specifications of the project. Using a job cost sitem to produce these parts, the following events sccurred during December. Raw materials were requisitioned from the company's inventory on December 2 for $5,007; on December 8 for $1,065; and on December 14 for $3,462. In each instance, two thirds (2/3) of these materials were for 357 and the rest for KS2. Six time tickets were tumed in for these two projects for a total amount of 18 hours of work. All the workers weet paid $15 per hour. The time tickets were dated December , December 9, and December 15. On each of those days, 6 labor hours were spent on these jobs, two-thirds (2/3) for 157 and the rest for K52. The predetermined overhead rate is based on machine hours. The expected machine hour use for the war is 2.129 hours, and the antiopated overhead costs are $851,600 for the year. The machines were used by workers on projects KS2 and 157 on December 3, 9. and 15. Six machin hours were used for project 52 (2 cach day), and 1. machine hours were used for project 357 (2.5 the first day and 3 each of the other days). Both of these special orders were completed on December 15. producing 200 sprinkler heads for 17 and 100 sprinder heads for K52 Additional Job order activities during this period included: Dec 1 Durchased raw materials from Durbin Supply Company on account for $53,000 Dec. 2 Issued $39,900 of direct materials from the company inventory to jobs other than 52 and 57 and $2,900 of indirect materials Dec. 12 Pald Waterways' factory salaries and wages for $65,500 Dec. 13 Pald the factory's water bill of 59.000 Deci 18 Transferred 550,300 of costs from other completed Jobs to finished goods Dec. 21 Paid the factory's electric bill of $11.800 for Waterways' factory Dec. 31 Made adjusting entries forth factory that induded accrued property taxes of $11.900. prepaid insurance of $6,900, and accumulated depreciation of $15.900. Set up the job cost sheets for Job No. 357 and Job No. 52. Determine the total cost for each manufacturing special order for these Jobs (Roond unit costs to decimal places 0.0.17.25) ROWE CALCULATOR 1 *BACK Job No. 357 Job No. K52 Total Cost 5 $ Unit Cost $ $ SHOW LIST OF ACCOUNTS LINK TO TEXT UNK TO TOT LINK TO TEXT LINK TO TEXT LINK TO TEXT Journalize the activities from these Job cost sheets in the general Journal. Also, Journalize the other costs that occurred during this period. Cet account titles are all Indented when amount is entered. Do not indent manually Record journal entries in the order presented in the problem. Round answers to decimal pon .. 52750 Date Account Titles and Explanation Debit Credit (To assign materials to jobs 352 K52) (To assign materials to jobs JS7 & K52) 12/2 (To assign materials to jobs and overhead) (To assign labor to jobs 357 & K52) (To assign overhead to jobs 357 & K52) (To assign overhead to jobs J57 & K52) v (To assign labor to jobs 357 & K52) (To assign overhead to jobs 357 & K52) > > (To assign labor to jobs 357 & K52) (To assign overhead to jobs 357 & K52) (To record completion of jobs 357 & K52) (To record completion of jobs 357 & K52)