Fairfield Company's payroll costs for the most recent month are summarized here: Total Cost Item Description Hourly labor wages 790 hours @ $16 per hour 160 hours for Job 101 = 270 hours for Job 102 - 360 hours for Job 103 = Factory supervision Production engineer Factory janitorial work Selling, general, and administrative salaries Total payroll costs $2,560 4,320 5,760_$12,640 4,250 6,300 1,300 9,900 $34,390 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 $32 per direct labor hour. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record Fairfield Company's payroll costs to be paid at a later date. Note: Enter debits before credits. Transaction General Journal Debit Credit 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 $32 per direct labor hour. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet