Fayman Manufacturing Company uses standard costs with its job-order cost accounting system. In January, an order (Job 84) was received for 5,600 units of product D. The standard cost of one unit of product D is as follows: $4.35 Direct materials-1.45 kg at $3.00 per kilogram Direct labour-1 hour at $10 per hour 10.00 Overhead-1 hour (variable $7.60; fixed $8.07) 15.67 Standard cost per unit $30.02 Overhead is applied based on direct labour hours. Normal capacity for the month of January was 6,100 direct labour hours. During January, the following transactions applicable to Job No. 84 occurred: 1. Purchased 8,680 kg of raw materials on account at $2.60 per kilogram. 2. Requisitioned 8,680 kg of raw materials for production. 3. Incurred 5,040 hours of direct labour at $10.20 per hour. Worked 5,040 hours of direct labour on Job No. 84. 4. 5. Incurred $88,832 of manufacturing overhead on account. 6. Applied overhead to Job No. 84 based on the direct labour hours. Transferred Job No. 84 to finished goods. 7. 8. Billed customer for Job No. 84 at a selling price of $263,312. 9. Incurred selling and administrative expenses of $65,000 on account. Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit 1. 2. 3. 4. 5. 6. 7. 8.(i) 8.(ii) 9. (To record sales.) (To record cost of goods sold.)