Floyd's Auto Repair Shop uses a job order cost system to track the cost of each repair. Floyd's applies Its garage or shop overhead at a rate of $20 per direct labor hour spent on each repair. Floyd's uses the following accounts to track the cost of all repairs: Raw Materials (parts and supplies) Repair Jobs in Process Cost of Repairs Completed and sold Garage/Shop Overhead Costs Because an auto shop does not manufacture a product, the overhead cost would include all of the Indirect costs that are incurred in the garage or shop that cannot be traced to a specific repair job. The following transactions occurred during the most recent month: (a) Purchased raw materials (parts and supplies) on account $22.400. (b) Used $16.500 in raw materials parts and supplies). Of this $13,000 was for major parts that were traceable to Individual repair jobs. and the remainder was for Incidental supplies such as lubricants, rags, fuel, and so on. (C) Recorded a total of $9,000 in direct labor cost (for 450 hours) that are owed but not yet pald. (dApplied overhead to repair jobs at a rate of $24.20 per direct labor hour. (e) Recorded the following actual overhead costs: Rent on garage (prepaid in the prior month) Depreciation on repair equipment Garage supervisor's salary (owed but not yet paid) $12,800 1,400 4,5ee Completed repair jobs costing $54.000 and charged customers at cost plus an additional 23 percent. (Note: You can bypass the Finished Goods Inventory account, which is not appropriate in this context.) Required: Prepare journal entries for transactions (31-1 using the account names shown and other appropriate accounts such as Cash, Payables. Accumulated Depreciation, Prepalds, and Sales Revenue. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 2 3 5 8 7 7 Record the purchase of raw materials for $22.400 on account Note: Enter debits before credits Transaction General Journal Debit Credit a