Alauddin Sweets 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 $36,000 Work in process $41,000 Finished goods $104,000 The company applies overhead to jobs using a predetermined overhead rate based on machine-hours. At the beginning of the year, the company estimated that it would work 17,000 direct labor hour and 21,000 machine-hours. The company estimated to incur $210,000 in manufacturing overhead cost. The following transactions were recorded for the year: i. Raw materials were purchased, $346,000. ii. Raw materials were requisitioned for use in production, $338,000 of which 90% direct and the rest is indirect. iii. The following employee costs were incurred: direct labor, $360,000; indirect labor, $68,000; and administrative salaries, $111,000. iv. Selling costs, $153,000. v. Utility costs incurred in the factory $29,000, incurred in the office $9,500. vi. Insurance expense for the year totaled $102,000 of which 2/3rd is related to factory operations and 1/3rd is related to selling and administrative activities. vii. Manufacturing overhead was applied to jobs. The actual level of activity for the year was 19,000 machine-hours and 15,000 direct labor hours. viii. The cost of goods manufactured for the year was $870,000. ix. Sales for the year totaled $1,221,000 and the costs on the job cost sheets of the goods that were sold is 70% of revenue. x. The balance in the Manufacturing Overhead account was closed out to Cost of Goods Sold. Required: a. Prepare the appropriate journal entry for each of the items above (a. through j.). You can assume that all transactions with employees, customers, and suppliers were on credit. (15) b. Prepare T-Accounts for manufacturing accounts.