Homework: Job Order Costing Assignment 0 Saved 2 Total labor used :11 51,160 d. Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate is 80% ofdirect materials cost. a. Transferred Job 201 to Finished Goods Inventory. Par: 1 MB 1'. (1) Sold Job 201 for $169,460 on credit. {2) Record cost of goods sold for Job 201. - g. Incurred the following actual other overhead costs for the month. 3 Depreciation of factory equipment 5 33,966 polnts Rent on 'Factor'yr building (payable) 690 Factory utilities (payable) 990 SkiPDEd Expired 'Factor'y insurance 4,966 Total other factory overhead costs 5 40:459 em\" 1. Prepare ajob cost sheet for Job 201 and for Job 202 forthe month. 2. Compute gross profit on the sale ofJob 201. Complete this question by entering your answers in the tabs below. References Require cl] 1 Required 2 Materials Total cost \fRequired information [The foiiowing information aopiies to the questions displayed below} Information on Kwon Manufacturing's activities for its first month of operations follows: a. Purchased $101,900 of raw materials on credit. in. Materials requisitions show the following materials used for the month. Job 201 $ 50,100 job 202 25, 500 Total direct materials T5,00 Indirect materials 10,520 Total materials used $ 80,120 1:. Time tickets show the following labor used for the month. Job 291 :5 41,199 Job 202 14,500 Total direct labor 55,600 Indirect labor 26,100 Total labor used $ 31:?99