Alam Company is a manufacturing firm that uses job order costing. At the beginning of the year, the company's inventory balances were as follows: Raw materials $24.000 Work in process $ 73,000 Finished goods s 27,000 The company applles overhead to jobs using a predetermined overhead rate based on direct materials cost. At the beginning of the year, the company estimated that it would have direct materials cost of $450.000 and incur $180,000 in manufacturing overhead cost. The following transactions were recorded for the year: a Raw materials were purchased, $416.000. Raw materials were requisitioned for use in production of which $400.000 were direct materials and $20.000 were indirect materials. c. The following employee costs were incurred: direct labor. $414,000 and indirect labor. $60,000. d. Factory utility costs, $20.000. e. Depreciation for the year was $65.000 for factory equipment. Manufacturing overhead was applied to jobs based on the direct materials cost rate (Hint: Determine the rate, then use it to apply the overhead) g. The cost of completed jobs transferred to finished goods was $1,004,000. h. Sales for the year totaled $1.416,000 and the costs on the job cost sheets for the goods that were sold totaled $989.000. Two journal entries Required: Prepare the appropriate journal entry for each of the items above (a through h). You can assume that all transactions with employees, customers, and suppliers were conducted in coth. (Round Intermediate calculations to 2 decimal places and your answers to the nearest whole dollar number. Omit the sign in your response.) Prepare the appropriate journal entry for each of the items above (a through h.). You can assume that all transactions with employees, customers, and suppliers were conducted in cash. (Round Intermediate calculations to 2 decimal places and your answers to the nearest whole dollar number. Omit the "S" sign In your response.) Debit Credit a. General Journal [Click to select) (Click to select) (Click to select) (Click to select) (Click to select) KKK KKK Click to select) (Click to select) (Click to select) Click to select) Click to select) (Click to select) Click to select) 11 IIIIIII Click to select Click to select Click to selech Click to select Click to select Click to select Click to select Click to see