Information on Kwon Manufacturing's activities for its first month of operations follows: a. Purchased $100,000 of raw materials on credit. b. Materials requisitions show the following materials used for the month. Job 201 Job 202 Total direct materials Indirect materials Total materials used $ 48,200 23,600 71,800 8,620 $ 80,420 c. Time tickets show the following labor used for the month. Job 201 Job 202 Total direct labor Indirect labor Total labor used $ 39,200 12,600 51,800 24, 200 $ 76,000 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 $163,760 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 Rent on factory building (payable) Factory utilities (payable) Expired factory insurance Total other factory overhead costs $ 32,000 500 800 3,000 $ 36,300 Prepare journal entries to record the transactions reflected in items a through g. View transaction list Journal entry worksheet Record direct materials used. Note: Enter debits before credits. Transaction General Journal Debit Credit b(1). Record entry Clear entry View general journal Prepare journal entries to record the transactions reflected in items a through g. View transaction list Journal entry worksheet Record indirect materials used. Note: Enter debits before credits. Transaction General Journal Debit Credit b(2). Record entry Clear entry View general journal Prepare journal entries to record the transactions reflected in items a through g. View transaction list Journal entry worksheet Record direct labor used. Note: Enter debits before credits. Transaction General Journal Debit Credit c(1). Record entry Clear entry View general journal Prepare journal entries to record the transactions reflected in items a through g. View transaction list Journal entry worksheet Record overhead applied to jobs at the rate of 80% of direct materials cost. Note: Enter debits before credits. Transaction General Journal Debit Credit d. Record entry Clear entry View general journal Prepare journal entries to record the transactions reflected in items a through g. View transaction list Journal entry worksheet 1 2 3 4 6 7 8 9 10 > Record the completion of Job 201. Note: Enter debits before credits. Transaction General Journal Debit Credit e Record entry Clear entry View general journal Prepare journal entries to record the transactions reflected in items a through g. View transaction list Journal entry worksheet Record the sale of job 201 on credit. Note: Enter debits before credits. Transaction General Journal Debit Credit f(1). Record entry Clear entry View general journal Prepare journal entries to record the transactions reflected in items a through g. View transaction list Journal entry worksheet Record the cost of goods sold for Job 201. Note: Enter debits before credits. Transaction General Journal Debit Credit f(2). Record entry Clear entry View general journal Prepare journal entries to record the transactions reflected in items a through g. View transaction list Journal entry worksheet