e. Applied overhead to Jobs 136, 138, and 139. f. Transferred Jobs 136, 138, and 139 to Finished Goods. g. Sold Jobs 136 and 138 on credit at a total price of $525,000. h. The company incurred the following overhead costs during the month (credit Prepaid Insurance for expired factory insurance). Depreciation of factory building Depreciation of factory equipment Expired factory insurance Accrued property taxes payable $69,500 38,000 12,000 36,500 i. Applied overhead at month-end to the Work in Process Inventory account (Jobs 137 and 140) using the predetermined overhead rate of 200% of direct labor cost. 2. Prepare journal entries to record the events and transactions a through i. 3. Post the journal entries for the transactions to the following T-accounts, each of which started the month with a zero balance. Raw Materials Inventory Work in Process Inventory End.bal 0 End.bal. Factory Overhead Finished Goods Inventory End.bal. 0 End.bal. 0 Cost of Goods Sold End.bal. 0 Journal entry worksheet 1 3 4 5 6 7 8 9 10 Record raw material purchases on credit. Screen Shot 2020-07-12 at 2.09.42 AM Q Search my Record payment to computer consultant to reprogram factory equipment. Screen Shot 2020-07-12 at 2.09.55 AM @ 6 Q Search Record the entry for direct and indirect labor, paid in cash. Record the entry to apply overhead to jobs 136, 138 and 139. Screen Shot 2020-07-12 at 2.10.06 AM Q Q Search Journal entry worksheet Record the transfer of completed jobs 136,138 and 139 to finished goods. a Screen Shot 2020-07-12 at 2.10.12 AM 6 Q Search Journal entry worksheet Record the entry for sales on account for Jobs 136 and 138. Screen Shot 2020-07-12 at 2.10.17 AM G Q Search Journal entry worksheet 1 2 3 5 6 7 8 9 10 Record the entry for the cost of sales of Jobs 136 and 138. Note: Enter debits before credits. Journal entry worksheet Record other factory overhead (depreciation, insurance and property taxes). Screen Shot 2020-07-12 at 2.10.29 AM Q Search Journal entry worksheet