Information on Kwon Manufacturing's activities for its first month of operations follows: a. Purchased $101,800 of raw materials on credit. b. Materials requisitions show the following materials used for the month. Job 201 $ 50,000 Job 202 25,400 Total direct materials 75,400 Indirect materials 10,420 Total materials used $ 35.323 c. Time tickets show the following labor used for the month. Job 201 $ 41,000 Job 202 14,400 Total direct labor 55,400 Indirect labor 26,000 Total labor used $ 31.400 cl. Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate is 80% of direct materials cost. e. Transferred Job 201 to Finished Goods Inventory. f. (1) Sold Job 201 for $169,160 on credit. (2) Record cost of goods sold for Job 201. g. Incurred the following actual other overhead costs for the month. Depreciation of factory equipment $ 33,800 Rent on factory building (payable) 680 Factory utilities (payable) 980 Expired factory insurance 4.800 Total other factory overhead costs $ 43.259 Prepare journal entries to record the transactions reflected in items a through g. View transaction list Journal entry worksheet 2 3 4 5 6 7 8 9 10 Record materials purchases. Note: Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journalRecord indirect materials used. Note: Enter debits before credits. Record entry m View general journal \fRecord indirect labor used. Note: Enter debits before credits. Record entry m View general journal Record overhead applied to jobs at the rate of 80% of direct materials cost. Note: Enter debits before credits. Record entry m View general journal