Exclusive Souvenirs Hut does customize, hand-crafted memorabilia for hotels, in which each batch of souvenirs is a job. The company uses a perpetual inventory system and has a highly labour-intensive production process, so it assigns manufacturing overhead based on direct labour cost. Exclusive's predetermined overhead rate for 2020 was computed from the following data: Total estimated factory overhead Total estimated direct labour cost $2,400,000 $2,000,000 The WIP account given below relates to the activities of Exclusive Souvenirs for the month of June: June 1 Balance b/f Direct Materials Used WIP Inventory A/C $15,000 123,000 Additional data: " Total material requisitioned. Manufacturing Labour Costs incurred " Other manufacturing overheads incurred $153,000 $163,500 (75% represents direct labour) $94,275 Two jobs were completed with total costs of $183,000 and $105,000 respectively. They were sold to the hotel on account at a margin of 33 1/3% on sales. Required: b) State the journal entries necessary to record the following transactions in the general journal. (i) Total materials issued to production (ii) Manufacturing labour incurred (iii)Assign manufacturing labour to the appropriate accounts (iv)Other manufacturing overhead incurred (v) Manufacturing overhead applied to production (vi) Move completed jobs to finished goods (vii) Account for jobs completed and sold (9 marks)