JA Problem 12-13A Job-order costing system excel Lehigh Manufacturing Corporation was started with the issuance of common stock for $60.000. It purchased $14.000 of raw materials and worked on three job orders during 2019 for which data follow. (Assume that all transactions are for cash unless otherwise indicated.) CHECK FIGURE d. COGM: $29,700 NI: $6,300 Direct Raw Materials Used Job 1 $2.800 Job 2 Job 36,000 Direct Labor 6,000 8,000 4.000 4,000 Total $12.80o $1000 Page 570 Factory overhead is applied using a predetermined overhead rate of $0.60 per direct labor dollar. Jobs 2 and 3 were completed during the period and Job 3 was sold for $20.000 cash. Lehigh paid S$00 for selling and administrative expenses. Actual factory overhead was $11.300. Required a. Record the preceding events in a horizontal statements model. The first event for 2019 has been recorded as an example