Dillon Products manufactures various machined parts to customer specifications. The company uses a job-order costing system and ppolies overhead cost to jobs on the basis of machine-hours. At the beginning of the year, the company used a cost formula to estimate that it would incur $4,252,500 in manufacturing overhead cost at an activity level of 567,000machin-houts. The company spent the entire month of January working on a large order for 12.800 custom-made machined parts. The company had ho work in process at the beginning of January. Cost data relating to January follow: a. Raw materials purchased on account, $325,000. b. Raw materials used in production, $265,000180% direct materials and 20% indirect materials). c. Labor cost accrued in the factory, $156,000 (one-third direct labor and two-thirds indirect labor) d. Depreciation recorded on factory equipment, $63,500. e. Other manufacturing overhead costs incurred on account, $85,700. f. Manufacturing overhead cost was applied to production on the basis of 40,560 machine-hours actualiy worked during the month. 9. The completed job for 12,800 custom-made machined parts was moved into the finished goods warehouse on January 31 to await delivery to the customer, (in computing the dollar amount for this entry, remember that the cost of a completed job consists of direct materials, direct labor, and applled overheod) Required: 2. Prepare journal entries to record tems (a) through (f) above fignore item (a) for the moment). 2. Prepare T-accounts for Manufocturing Overhead and Work in Process. Post the relevant items from your journal entries to these T. hecounts. 3. Prepare a jumal entry for item (a) above. 4. If 10,200 of the custom-made machined parts are shipped to the customer in February. how much of this job's cost wil be included in cont of goods sold for February? Complete the question by entering your answers in the tabs below. Prepare joumal entries co record iteres (a) through (t) above (ignore item (g) for the moment). (if no entry is regured foe a In cost of goods sold for February? Complete the question by entering your answers in the tabs below. Prepare journal entries to record items ( ) through ( above [ignore item (g ) for the moment]. (If no entry is required for a transsection/event, select "No journal entry required" in the first account feld. Do not round intermediate calculations.) Journal entry worksheet 5 6 Raw materials purchased on account, $325,000. Note. Entor debas beforn eredits. Journal entry worksheet