Answer Part 1, 2 and 3.

E2-18 Recording Manufacturing Costs [LO 2-3, 2-4, 2-5] Reyes Manufacturing Company uses a job order cost system. At the beginning of January, the company had one job in process (Job 201) and one job completed but not yet sold (Job 200). Job 202 was started during January. Other select account balances follow (ignore any accounts that are not listed). During January, the company had the following transactions: a) Purchased $20,000 worth of materials on account. (b) Recorded materials issued to production as follows: Job Number 201 202 Indirect materials Total Cost 3 12,000 21,000 3,200 S 36,200 (c) Recorded factory payroll costs from direct labor time tickets that revealed the following: Hours Total Cost 100 2,150 10,750 Job Number 201 202 Faclory supervision 500 S 17,900 (d) Applied overhead to production at a rate of $25 per direct labor hour for 6DD actual direct labor hours. (e) Recorded the following actual manufacturing overhead costs: Total Cost Item Faclory rent Depreciation Faclory utilities Factory insurance S3.100 Paid in cash 2,500 Faclory equipment ,750 Incurred but not paid 1.250 Prepaid policy S8,600 f) Completed Job 201 and transferred it to Finished Goods Inventory. g) Sold Job 200 for $31,000. Job 202 was stl in process at the end of January