Fairfield Companys payroll costs for the most recent month are summarized here:

ItemDescriptionTotal CostHourly labor wages840 hours @ $24 per hour200 hours for Job 101 =$ 4,800290 hours for Job 102 =6,960350 hours for Job 103 =8,400$ 20,160Factory supervision4,450Production engineer6,600Factory janitorial work1,700Selling, general, and administrative salaries9,800Total payroll costs$ 42,710

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 $48 per direct labor hour.

Note: If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.