Alberta Company uses a job-order costing system. The company started the month with $1,500 of raw materials, $2,300 of work in process and finished goods of $2,620. The company applies overhead at 150% of direct labour cost.

During August the company had the following events and transactions:

1. estimated manufacturing overhead for the year was $450,000 and estimated direct labour cost was $300,000
2. raw materials of $2,000 were purchased on account
3. raw materials of $3000 were requisitioned for production( 80% direct and 20 % indirect)
4. direct labor costs incurred and paid were $1,150 cash
5. indirect labour costs incurred and paid were $400 cash
6. actual OTHER MANUFACTURING overhead was $1,725; paid in cash
7. applied manufacturing overhead to production
8. goods costing $3,500 to produce were completed and transferred out of work in process
9. goods that cost $3,000 were sold on account for $4,500
10. the over/under applied manufacturing overhead was closed out ( adjusted) to cost of goods sold ( show your calculations in order to get part marks)

Required

Prepare the required journal entries for events and transactions a) through j). If no journal entry is required, indicate " no entry required". Explanations are not required.