Crane Company uses a job order cost system and applies overhead to production on the basis of direct labor costs. On January 1, 2022, Job 50 was the only job in process. The costs incurred prior to January 1 on this job were as follows: direct materials $ 20,200, direct labor $ 12,120, and manufacturing overhead $ 16,160. As of January 1, Job 49 had been completed at a cost of $ 90,900 and was part of finished goods inventory. There was a $ 15,150 balance in the Raw Materials Inventory account. During the month of January, Crane Company began production on Jobs 51 and 52, and completed Jobs 50 and 51. Jobs 49 and 50 were sold during the month. The following additional events occurred during the month.

1.		Purchased additional raw materials of $ 90,900 on account.
2.		Incurred factory labor costs of $ 70,700.
3.		Incurred manufacturing overhead costs as follows: indirect materials $ 17,170; indirect labor $ 20,200; depreciation expense on equipment $ 12,120; and various other manufacturing overhead costs on account $ 16,160.
4.		Assigned direct materials and direct labor to jobs as follows.

Job No.		Direct Materials			Direct Labor
50		$ 10,100			$ 5,050
51		39,390			25,250
52		30,300			20,200

(c)		Record the purchase of raw materials, the factory labor costs incurred, and the manufacturing overhead costs incurred during the month of January.
(d)		Record the assignment of direct materials, direct labor, and manufacturing overhead costs to production. In assigning manufacturing overhead costs, use the overhead rate calculated in (a). Post all costs to the job cost sheets as necessary.
(e)		Total the job cost sheets for any job(s) completed during the month. Record the completion of any job(s) during the month.
(f)		Record the sale of any job(s) during the month

(Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

				Manufacturing Costs						Work in Process Inventory		Finished Goods Inventory		Cost of Goods Sold
				Raw Materials Inventory		Factory Labor		Manufacturing Overhead
(c)		Purchase raw materials		$ enter a dollar amount		$ enter a dollar amount		$ enter a dollar amount		$ enter a dollar amount		$ enter a dollar amount		$ enter a dollar amount
		Incurred factory labor		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
		Factory depreciation		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
		Other overhead costs		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
		Indirect materials		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
		Indirect labor		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
(d)		Direct materials		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
		Direct labor		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
		Assigned overhead		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
(e)		Jobs completed		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
(f)		Jobs sold		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
		Ending balance		$ enter a dollar amount		$ enter a dollar amount		$ enter a dollar amount