Entries for Factory Costs and Jobs Completed

Old School Publishing Inc. began printing operations on January $1.$ Jobs $301$ and $302$ were completed during the month, and all costs ap

factory overhead have been recorded on the related cost sheets. In addition to the materials and labor charged directly to the jobs, $$1,$

are as follows, in summary form:

Job $302$

Job $303$

Factory overhead

Journalize the summary entry to record each of the following operations for January $($one entry for each operation$)$:

a$.$ Direct and indirect materials used. For a compound transaction, if an amount box does not require an entry, leave it blank.

b$.$ Direct and indirect labor used. For a compound transaction, if an amount box does not require an entry, leave it blank.

c$.$ Factory overhead applied to all four jobs $($a single overhead rate is used based on direct labor cost$).$

d$.$ Completion of Jobs $301$ and $302.$