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Dithet Prochas manufactures various machined parts to customer specifications. The company uses a job order costing system and apples overhead cost to jobs on the

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Dithet Prochas manufactures various machined parts to customer specifications. The company uses a job order costing system and apples 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 $4,200,000 in manufacturing overhead cost at an activity level of 560,000 machine-hours. The company spent the entire month of January working on a large order for 12.000 custom-made machined parts. The company had no work in process at the beglering of January. Cost data relating to January follow. a. Raw materials purchased on account, $315.000 b. Raw materials used in production, $254.000 (80% direct materials and 20% Iridirect materials) c Labor cost accrued in the factory, 5171.000 (one third direct labor and two-thirds indirect labor) d. Depreciation recorded on factory equipment. $63.200 e other manutacturing overhead costs incurred on account. $85.100 1. Manufacturing overhead cost was applied to production on the basis of 40,920 machine hours actually worked during the month. a. The completed job for 12.100 custom made machined parts was moved into the finished goods warehouse on January 31 to wait delivery to the customer in computing the dollar amount for this entry, remember that the cost of a completed Job consists of direct materials, corect tabor and applied overhead) Required: 1 Prepate journal entries to record tem through above gore item (g) for the moment 2. Prepare accounts for Manufacturing Overhead and Work in Process Post the relevant items from your journal entries to these Bccounts 3 Prepare for your item al above AM 10.900 of twentom made machined parts are shipped to the customer in February, how much of this job's cost will be included In cost of goods sold for February Required 1 Required 2 Required Required 4 Prepare journal entries to record items (a) through (1) above [ignore item (m) for the moment). (if no entry is required for a transaction/event, seled "No journal entry required in the first account field. Do not round Intermediate calculations.) View transaction list Journal entry worksheet View transaction list Journal entry worksheet Customer February, how much of this jobs cost will be included in cost of goods sold for February? Complete the question by entering your answers in the tabs below. Requiredt Required 2 Required a Required 4 1 10,900 of the custom made machined parts are shipped to the customer in February, how much of this job's cost will be included in cost of goods sold for February (Round your intermediate calculations to 2 decimal places and final answer to the nered whole dollar amount) Portion of job continuo cost of goods sola

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