Date Direct Materials Direct Labor Manufacturing Overhead Beg. $ 24.000 $ 14,400 $ 19.200 Jan. 12,000 6,000 7,200 $ 36,000 $ 20,400 $ 26.400 Cost of completed job Direct materials $ 36,000 Direct labor 20,400 Manufacturing overhead 26,400 Total cost 82.800 Job No.51 Date Direct Materials Direct Labor Manufacturing Overhead Jan. $ 46,800 $ 30,000 $ 36,000 $ 46,800 $ 30,000 $ 36,000 Cost of completed job Direct materials $ 46,800 Direct labor 30.000 Manufacturing overhead 36,000 Total cost $ 112,800 Job No. 52 Date Direct Materials Direct Labor Manufacturing Overhead Jan. $ 36.000 $ 24,000 $ 28.800 Prepare the journal entry to record the completion of any job(s) during the month. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Prepare the journal entries to record (1) the purchase of raw materials, (2) the factory labor costs incurred, and (3) the manufacturing overhead costs incurred during the month of January. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (1) Raw Materials Inventory 108,000 Accounts Payable 108,000 (2) Factory Labor 84,000 Payroll Liabilities 84,000 (3) Manufacturing Overhead 33,600 Accumulated Depreciation-Equipment 14,400 Accounts Payable 19,200 Sandhill 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 $24,000, direct labor $14,400, and manufacturing overhead $19,200. As of January 1, Job 49 had been completed at a cost of $108,000 and was part of finished goods inventory. There was a $18,000 balance in the Raw Materials Inventory account on January 1. During the month of January, Sandhill Company began production on Jobs 51 and 52, and completed Jobs 50 and 51. Jobs 49 and 50 were sold on account during the month for $146,400 and $189,600, respectively. The following additional events occurred during the month. 1. Purchased additional raw materials of $108,000 on account. 2. Incurred factory labor costs of $84,000. 3. Incurred manufacturing overhead costs as follows: depreciation expense on equipment $14,400; and various other manufacturing overhead costs on account $19,200. 4. Assigned direct materials and direct labor to jobs as follows. Job No. Direct Materials Direct Labor 50 $12,000 $6,000 51 46,800 30,000 52 36,000 24,000 5. Assigned indirect materials of $20,400 and indirect labor of $24,000