Fairfield Company's payroll costs for the most recent month are summarized here: Iten Hourly labor wages Factory supervision. Production engineer. Factory janitorial work Selling, general, and administrative salaries) Total payroll costs Description 890 hours @ $33 per hour 200 hours for Job 101= 260 hours for Job 182 430 hours for Job 103 = $ 6,600 8,580 14,190 Total Cost $ 29,370 4,250 6,200 1,800 8,700 $ 50,320 Required: 1. & 2. Prepare the journal entries for payroll and to apply manufacturing overhead to production. The company applies manufacturing overhead to products at a predetermined rate of $66 per direct labor hour. Note: If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.