Information on Kwon Manufacturing's activities for its first month of operations follows: a. Purchased $101.000 of raw materials on credit b. Materials requisitions show the following materials used for the month. Job 281 Job 222 Total direct materials Indirect materials Total materials used $ 49,200 24,600 73,800 9.620 $ 83,420 c. Time tickets show the following labor used for the month. Job 201 Job 202 Total direct labor Indirect labor Total labor used $40,200 13,600 53.800 25,200 $ 79,00 d. 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 (1) Sold Job 201 for $166,760 on credit. (2) Record cost of goods sold for Job 201 9. Incurred the following actual other overhead costs for the month. d. 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 $166,760 on credit. (2) Record cost of goods sold for Job 201, 9. Incurred the following actual other overhead costs for the month Depreciation of factory equipment Rent on factory building payable) Factory utilities (payable) Expired factory insurance Total other factory overhead costs $ 33,000 600 900 4,000 $ 38,500 Post entries for transactions a through g to the T-accounts. Each of T-accounts started the month with a zero balance. Raw Materials Inventory Work In Process Inventory 0 Beginning Balance Beginning Balance Ending balance Ending balance Factory Overhead Finished Goods Inventory Beginning Balance Beginning Balance Ending balance Ending balance Factory Overhead 0 Finished Goods Inventory 0 Beginning Balance Beginning Balance Ending balance Ending balance Cost of Goods Sold 0 Beginning Balance Ending balance