Current Attempt in Progress Shown below are the job cost-related accounts for the law firm of Moore, Taylor, and Morton and their manufacturing equivalents: Law Firm Accounts Manufacturing Company Accounts Supplies Raw Materials Salaries Payable Payroll Liabilities Operating Overhead Manufacturing Overhead Work in Process Work in Process Inventory Cost of Completed Work Finished Goods Inventory Cost data for the month of March follow. 1. Purchased supplies on account $1,740. 2. Issued supplies of $1,600 (60% direct and 40% indirect). 3. Time cards for the month indicated labour costs of $60,100 (80% direct and 20% indirect). Cost data for the month of March follow. 1. Purchased supplies on account $1,740. 2. Issued supplies of $1,600 (60% direct and 40% indirect). 3. Time cards for the month indicated labour costs of $60,100 (80% direct and 20% indirect). 4. Operating overhead costs incurred for cash totalled $40,700. 5. Operating overhead is applied at a rate of 90% of direct labour cost. 6. Work completed totalled $73,600. (a) Journalize the transactions for March. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit 1. 2. 3. 4. 5. 6