Entries for Factory Costs and Jobs Completed Entrepreneurial Publishing Inc. began printing operations on January 1. Jobs 301 and 302 were completed during the month, and all costs applicable to them were recorded on the related cost sheets Jobs 303 and 304 are still in process at the end of the month, and all applicable costs except factory overhead have been recorded on the related cost sheets. In addition to the materials and labor charged directly to the jobs, $860 of indirect materials and $10,360 of indirect labor were used during the month. The cost sheets for the four jobs entering production during the month are as follows, in summary form Job 301 Job 302 Direct materials 58,860 Direct materials 54,140 Direct labor 3,400 Direct labor 1,800 Factory overhead 1,870 Factory overhead 990 Total 514,130 Total $6,930 Job 303 Job 304 Direct materials 512,510 Direct materials 52.550 Direct labor 0.800 Direct labor 500 Factory Overhead Factory overhead Joumalize the summary entry to record each of the following operations for January (one entry for each operation) . Direct and direct materials used. If an amount box does not require an entry leave bank b. Dired and Indirect labor used. If an anunt box does not require an entry, leave it blank. Determine the factory overned applied to Jobs 303 and 304(a single overhead rate is used based on direct labor cost Jol 303 Job 304 d. Factory overhead spried to all our single overhead rate is used based on direct tabar cost) an amount boxes in teavet blank e. Completion of Jobs 30% and 302 tan amount box does not require an entry, leave it blank 1. Determine the balance of the work in process account on January 31