E20-11 Shown below are the job cost related accounts for the law firm of Barnes, King, and Morton and their manufacturing equivalents: Law Firm Accounts Manufacturing Firm Accounts Supplies Raw Materials Salaries Payable Factory Wages Payable Operating Overhead Manufacturing Overhead Work in Process Work in Process Cost of Completed Work Cost of Goods Sold Cost data for the month of March follow. Purchased supplies on account $1,500. Issued supplies $1,200 (60% direct and 40% indirect). Time cards for the month indicated labor costs of $50,000 (80% direct and 20% indirect). Operating overhead costs incurred for cash totaled $40,000. Operating overhead is applied at a rate of 90% of direct attorney cost. Work completed totaled $70,000. Journalize the transactions for March. (For multiple debit/credit entries, list amounts from largest to smallest e.g. 10, 5, 3, 2.) Trans. No. Account/Description Debit Credit 1. 2. 3. 4. 5. 6