INSTRUCTIONS: PREPARE JOURNAL ENTRIES TO RECORD THE ABOVE TRANSACTIONS. Oriole Manufacturing Company employs a job order cost system and keeps perpetual inventory records. The following transactions

occurred in the first month of operations:

Direct materials requisitioned during the month:

Direct labor incurred and charged to jobs during the month was:

Manufacturing overhead was applied to jobs using a predetermined overhead rate based on $75\%$ of direct labor costs.

Actual manufacturing overhead costs incurred during the month amounted to $$58,080.$

Job $101$ consisting of $1,000$ units and Job $103$ consisting of $200$ units were completed during the month.