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Clipboard Font Alignment Number Format as Table Cells Editing A> A Cell Styles Styles A C77 F G H I J K L AA 40 A B D E B. Record journal entries given the following information for August. Material Job Requisitions Time Tickets Mercedes $2,000 $1.500 Corvette $1.500 $2,500 Murcielago $5.000 $4.000 Land Rover $3,500 $2,000 $12.000 $10.000 General use* $500 $1,000 $12.500 $11.000 *Idle time, cleaning & maintenance, indirect materials, etc.) 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 Cr. Date 31-Aug Account Work in process inventory Manufacturing overhead Raw materials inventory (Raw materials issued into production) Dr. 12.000 500 12,500 31-Aug 10.000 1,000 Work in process inventory Manufacturing overhead Wages payable (Assign labor costs) 11,000 63 C. Estimated manufacturing overhead for the year was $125000. Overhead is applied based on direct labor dollars (estimated at $100000 for the year). Use this information to calculate predetermined overhead rate and apply manufacturing overhead. 31-Aug Work in process inventory 12,500 Manufacturing overhead 12,500 (Apply overhead using PDO) 65 66 67 68 70 72 73 74 75 76 77 D. Calculate the cost of each job by completing the following table. (Go up to the very top box for Beg. Wip. The rest can be found in the above entries.) Mercedes Corvette Murcielago Land Rover Beg WIP 0 X X X Direct Materials X X X X Direct Labor X X X X Man. Overhead Total Cost X X X X 1 2-5 6-7 8 9 DO OS Ex PR Class