I. Manufacturing overhead was allocated at the predetermined overhead allocation rate of 60% of direct labor costs. 0 Data Table Date Accounts Debit Credit Kid Stars Trial Balance June 1, 2024 Account Title J. Jobs completed during the month: Job 120,900,000 Large Stars at total cost of $49,000 Date Accounts Debit 1. Balance Debit Credit 21,000 Credit Cash $ Accounts Receivable 125,000 Inventories: Raw Materials Work-in-Process 8,100 43,000 21,500 230,000 k. Sales on account all of Job 120 for $115,000 Begin by recording the revenue from the sales on account. Do not record the expense related to the sale in this journal entry. We will do that in the next step. Date Accounts Debit Credit S k. Finished Goods Property, Plant, and Equipment Accumulated Depreciation Accounts Payable Wages Payable Common Slack . Retained Earnings Sales Revenue Cost of Goods Sold Manufacturing Overhead 77,000 135,000 2,500 141.000 151,100 0 Now record the cost of goods sold related to the sale of all of Job 120. D Data Accounts Debit Credit D D k. Selling and Administrative Expenses 506,600 S $ Tota 506,600 Choose from any list or enter any number in the input fields and then continue to the next question Print Done I. Manufacturing overhead was allocated at the predetermined overhead allocation rate of 60% of direct labor costs. 0 Data Table Date Accounts Debit Credit Kid Stars Trial Balance June 1, 2024 Account Title J. Jobs completed during the month: Job 120,900,000 Large Stars at total cost of $49,000 Date Accounts Debit 1. Balance Debit Credit 21,000 Credit Cash $ Accounts Receivable 125,000 Inventories: Raw Materials Work-in-Process 8,100 43,000 21,500 230,000 k. Sales on account all of Job 120 for $115,000 Begin by recording the revenue from the sales on account. Do not record the expense related to the sale in this journal entry. We will do that in the next step. Date Accounts Debit Credit S k. Finished Goods Property, Plant, and Equipment Accumulated Depreciation Accounts Payable Wages Payable Common Slack . Retained Earnings Sales Revenue Cost of Goods Sold Manufacturing Overhead 77,000 135,000 2,500 141.000 151,100 0 Now record the cost of goods sold related to the sale of all of Job 120. D Data Accounts Debit Credit D D k. Selling and Administrative Expenses 506,600 S $ Tota 506,600 Choose from any list or enter any number in the input fields and then continue to the next question Print Done