Ehrling Brothers Company makes jobs to customer order. During the month of July, the following occurred: a. Materials were purchased on account for $45,760 b. Materials totaling $40,980 were requisitioned for use in producing various jobs. c. Direct labor payroll for the month was $22.400 with an average wage of 14 per hour d. Actual overhead of $0,670 was incurred and paid in cash. .. Manufacturing overhead is charged to production at the rate of 5.40 per direct inber hour. t. Completed Jobs costing 559,000 were transferred to Finished Goods 9. Jobs coating $50,000 were sold on account for $ 73,850. Make the entry to record the revenue from the sale first, followed by the entry to record me cost of the jebe Beginning balances as of July 1 were: $1,200 Materials Inventory Work in Process Inventory Finished Goods Inventory 3,400 2,640 1. Prepare the journal entries for the preceding events. a. b. c. d. e. f. f. 9 (1) g (2). 2. Calculate the ending balances of: a. Materials Inventory $ b. Work-in-Process Inventory $ c. Overhead Control $ d. Finished Goods Inventory $