January $15$Assign Job $76$ to Cold Refrigeration for the purchase of a refrigeration system. The start date will be January $16.$ The completion date will be no later than February $28.$ The estimated direct material is $$9,175\mathrm{.}00.$ The estimated indirect material is $$1,860\mathrm{.}00.$ The estimated direct labor is $$15,600\mathrm{.}00.$ The contract amount is $$45,800\mathrm{.}00.$ A deposit of $$10,000\mathrm{.}00$ was provided by Cold Refrigeration in signing the contract. The deposit is unearned revenue. Half of the contract will be billed upon $50\%$ completion with the deposit applied against that billing with the remaining amount due immediately. A quarter of the contract will be billed upon $75\%$ completion of the contract with the amount due immediately. The remaining amount of the contract is to be billed when the job is $100\%$ complete and is payable within $30$ days of the billing.

January $28$Apply from direct materials requisition $$4,600\mathrm{.}00$ of direct materials. Apply from indirect materials requisition $$950\mathrm{.}00$ of indirect materials. Apply $$8,000\mathrm{.}00($from time cards$)$ of direct labor and factory overhead to Job $76,$ completing $50\%$ of the job. Factory overhead is based on $25\%$ of direct labor cost. Transfer the partially completed job from Direct Material and Indirect Material to WIP. When making the journal entry for applying direct labor, debit WIP for the gross pay and credit FWT Payable and FICA Tax Payable for the appropriate amounts with the net pay going to Salaries Payable. Set up the accounts receivable and bill Cold Refrigeration for $50\%$ of the contract on account, applying the initial $$10,000\mathrm{.}00$ deposit against the billing.

January $29$Received a check from Cold Refrigeration in the amount of $$12,900\mathrm{.}00$ on account..

The company uses a job order costing system. Markups to determine the selling price are $150\%$ of estimated job costs. Factory overhead is applied at $25\%$ of direct labor costs fro the job.

FWT is $15\%$ of gross pay. Fica is $7\mathrm{.}65\%$ of gross pay and FuTa is $0\mathrm{.}8\%$ of gross wages and SutA is $1\mathrm{.}45\%$ of gross wages

Please show all journal entries used in the transaction