Froya Fabrikker A/S of Bergen, Norway, is a small company that manufactures specialty heavy equipment for use in North Sea oil fields. The company uses a job-order costing system and applies manufacturing overhead cost to jobs on the basis of direct labor-hours. Its predetermined overhead rate was based on a cost formula that estimated $351,500 of manufacturing overhead for an estimated allocation base of 950 direct labor-hours. The following transactions took place during the year (all purchases and services were acquired on account):

a.	Raw materials purchased for use in production, $215,000.
b.	Raw materials requisitioned for use in production (all direct materials), $200,000.
c.	Utility bills were incurred, $62,000 (85% related to factory operations, and the remainder related to selling and administrative activities).
d.	Salary and wage costs were incurred:

Direct labor (1,025 hours)	$	245,000
Indirect labor	$	93,000
Selling and administrative salaries	$	125,000

e.	Maintenance costs were incurred in the factory, $57,000.
f.	Advertising costs were incurred, $139,000.
g.	Depreciation was recorded for the year, $87,000 (80% related to factory equipment, and the remainder related to selling and administrative equipment).
h.	Rental cost incurred on buildings, $112,000 (85% related to factory operations, and the remainder related to selling and administrative facilities).
i.	Manufacturing overhead cost was applied to jobs, $ ?.
j.	Cost of goods manufactured for the year, $800,000.
k.	Sales for the year (all on account) totaled $1,350,000. These goods cost $830,000 according to their job cost sheets.

The balances in the inventory accounts at the beginning of the year were:

Raw materials	$	33,000
Work in process	$	24,000
Finished Goods	$	63,000

Required:

1.	Prepare journal entries to record the above data. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Journal entry worksheet 2 3 4