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Aquazona Pool Company is a custom pool builder. The company recently completed a pool for the Drayna family (Job 1324) as summarized on the incomplete

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Aquazona Pool Company is a custom pool builder. The company recently completed a pool for the Drayna family (Job 1324) as summarized on the incomplete job cost sheet below.. Assume the company bids its pools at total manufacturing cost plus an additional 20 percent Job Cost Sheet Job Number: 1324 Date Started: 7/8/2018 Date Completed: 8/30/2018 Description: Drayna Pool Applied Direct Materiala Direct Labor Manufacturing Overhead Reg. No Amount Ticket Hours Amount Hours Rate Amount MR 3345 $1.520 TT 335 25 515.00 MR 3372 1.030 TT 340 43 885.80 MR 4251 1,240 TT 385 23 473.80 MR 4263 1,720 TT JBS 30 782.80 MR 5236 2.050 TT 425 21 432.60 57,560 150 $3,090.00 Cost Summary Direct Materials Cont $ 7,560 00 Direct Labor Cost 3,090.00 Applied Manufacturing Overhead Total cost The company applies overhead to jobs at a rate of $10.30 per direct labor hour Required: Prepare journal entries to record cost of goods sold and sales revenue for Job 1324. Assume the total cost of Job 1324 is currently in the Finished Goods Inventory Account and that the Draynas paid for the pool with cash. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field. Round your answers to 2 decimal places.) View transactional View transaction list Journal entry worksheet

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