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 that applies manufacturing overhead cost to jobs on the basis of direct laborhours. its predetermined overhead rate was based on a cost formula that estimated $350,000 of manufacturing overhead for an estimated allocation base of 1,000 direct labor-hours. The following transactions took place during the year: a. Raw materials purchased on account, $250,000. b. Raw materials used in production (all direct materials), $235,000. c. Utility bils incurred on account, $69,000(90% related to factory operations, and the remainder related to selling and administrative activities) d. Accrued salary and wage costs: e. Maintenance costs incurred on account in the factory, $64,000 f. Advertising costs incurred on account, $146,000. 9. Depreciation was recorded for the year, $82,000 (75\% related to factory equipment, and the remainder related to selling and administrative equipment). h. Rental cost incurred on occount, $107,000(80% related to factory facilities, and the remainder related to seling and administrative facilities). 1. Manufacturing overhead cost was applied to jobs, $ ? 1. Cost of goods manufoctured for the year, $870,000. k. Sales for the year (all on account) totaled $1,700,000. These goods cost $900,000 according to theirjob cost sheets. Complete this question by entering your answers in the tabs below. Prepare journal entries to record the preceding transactions. (If no entry is required for a transaction/event, select "No jo entry required " in the first account field.) Answer is not complete. Complete this question by entering your answers in the tabs below. Post your entries to T-accounts. (Dont forget to enter the beginning inventory balances above.) Check my work mode : This shows what is correct or Incorrect for the work you have completed so far. It does not indicate completi. 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 that applies manufacturing overhead cost to jobs on the basis of direct laborhours. its predetermined overhead rate was based on a cost formula that estimated $350,000 of manufacturing overhead for an estimated allocation base of 1,000 direct labor-hours. The following transactions took place during the year: a. Raw materials purchased on account, $250,000. b. Raw materials used in production (all direct materials), $235,000. c. Utility bils incurred on account, $69,000(90% related to factory operations, and the remainder related to selling and administrative activities) d. Accrued salary and wage costs: e. Maintenance costs incurred on account in the factory, $64,000 f. Advertising costs incurred on account, $146,000. 9. Depreciation was recorded for the year, $82,000 (75\% related to factory equipment, and the remainder related to selling and administrative equipment). h. Rental cost incurred on occount, $107,000(80% related to factory facilities, and the remainder related to seling and administrative facilities). 1. Manufacturing overhead cost was applied to jobs, $ ? 1. Cost of goods manufoctured for the year, $870,000. k. Sales for the year (all on account) totaled $1,700,000. These goods cost $900,000 according to theirjob cost sheets. Complete this question by entering your answers in the tabs below. Prepare journal entries to record the preceding transactions. (If no entry is required for a transaction/event, select "No jo entry required " in the first account field.) Answer is not complete. Complete this question by entering your answers in the tabs below. Post your entries to T-accounts. (Dont forget to enter the beginning inventory balances above.) Check my work mode : This shows what is correct or Incorrect for the work you have completed so far. It does not indicate completi