I'm having a hard time with question "f." I'm not sure what I'm missing. Thank you!

CALCULATOR PRINTER VERSION BACK NEXT Problem 20-01A a, c, d1, b, d2, e-h (Part Level Submission) (Video) Wildhorse Company uses a job order cost system and applies overhead to production on the basis of direct labor costs. On January 1, 2020, Job 50 was the only job in process. The costs incurred prior to January 1 on this job were as follows: direct materials $24,400, direct labor $14,640, and manufacturing overhead $19,520. As of January 1, Job 49 had been completed at a cost of $109,800 and was part of finished goods inventory. There was a $18,300 balance in the Raw Materials Inventory account. During the month of January, Wildhorse Company began production on Jobs 51 and 52, and completed Jobs 50 and 51. Jobs 49 and 50 were also sold on account during the month for $148,840 and $192,760, respectively. The following additional events occurred during the month. 1. 2. 3. Purchased additional raw materials of $109,800 on account Incurred factory labor costs of $85,400. Of this amount $19,520 related to employer payroll taxes Incurred manufacturing overhead costs as follows: Indirect materials $20,740, indirect labor $24,400; depreciation expense on equipment $14,640, and various other manufacturing overhead costs on account $19,520. Assigned direct materials and direct labor to jobs as follows. 4. Job No. Direct Materials $12,200 47,580 36,600 Direct Labor $6,100 30,500 24.400 (a) Your answer is correct. Calculate the predetermined overhead rate for 2020, assuming Wildhorse Company estimates total manufacturing overhead costs of $1,024,800, direct labor costs of $854,000, and direct labor hours of 24,400 for the year. Predetermined overhead rate 120 SHOW LIST OF ACCOUNTS SHOW SOLUTION LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT UNK TO VIDEO Attempts: 1 of 3 used (c) Your answer is correct. Prepare the journal entries to record (1) the purchase of raw materials, (2) the factory labor costs incurred, and (3) the manufacturing overhead costs incurred during the month of January. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (1) Raw Materials Inventory Accounts Payable 109800 (2) Factory Labor Factory Wages Payable 65880 Employer Payroll Taxes Payable BRR222222 19520 (3) Manufacturing Overhead Accounts Payable 19520 Accumulated Depreciation Equipment 14640 Raw Materials Inventory T 20740 Factory Labor 24400 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO VIDEO Attempts: 2 of 3 used (d1) Your answer is correct Prepare the journal entries to record the assignment of (1) direct materials, (2) direct labor, and (3) manufacturing overhead costs to production. In assigning manufacturing overhead costs, use the overhead rate calculated in (a). (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (1) Work in Process Inventory 96380 Raw Materials Inventory 96380 (2) Work In Process Inventory 61000 Factory Labor 61000 (3) Work in Process Inventory IT 79200 T Manufacturing Overhead T 73200 SHOW LIST OF ACCOUNTS SHOW SOLUTION LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO VIDEO Attempts: 1 of 3 used (b) & (d2) Your answer is correct Open job cost sheets for Jobs 50, 51, and 52. Enter the January 1 balances on the job cost sheet for Job 50. Post all costs to the job cost sheets as necessary Job No. 50 Date Direct Materials Direct Labor Manufacturing Overhead Beg 24400 14640 19520 Jan. T 6100 7320 26840 36600 20740 Cost of completed job Direct materials 36600 Direct labor 20740 Manufacturing overhead 26840 Total cost 84180 Job No. 51 Date Direct Materials Direct Labor Manufacturing Overhead Jan. 47580 T 30500 36600 47580 30500 36600 Cost of completed job Direct materials 47580 Direct labor 30500 Manufacturing overhead 36600 Total cost 114680 Job No. 52 Date Direct Materials Direct Labor Manufacturing Overhead Jan. 36600 24400 29280 SHOW LIST OF ACCOUNTS SHOW SOLUTION LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO VIDEO Attempts: 2 of 3 used (e) your answer is correct Prepare the journal entry to record the completion of any job(s) during the month. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Finished Goods Inventory Work in Process Inventory 198860 SHOW LIST OF ACCOUNTS SHOW SOLUTION LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO VIDEO Attempts: 2 of 3 used (f) your answer is partially correct. Try again. Prepare the journal entries to record the sale of any job(s) during the month. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (1) Accounts Receivable Sales Revenue (To record sale of jobs) (2) Cost of Goods Sold 99 Finished Goods Inventory (To record cost of jobs)