Job Cost Sheet Job Number, 1324 Date Started: 7/8/2018 Date Completed 8/20/2018 Description Drayna Pool Applied Direct Labor Manufacturing Overhead Ticket Hours Amount Hours Rate Amount TT 335 $ 600 TT 800 Direct Materials Reg. mount No MR 3345 $1,500 MR 1,000 3372 MR 1,250 4251 MR 4263 1,750 MR 2,000 5236 $7.500 600 340 IT 385 TT 425 700 23 500 445 158 $3,200 7 Cost Summary Direct Materials Cost $7,500 Direct Labor Cost 3,200 Applied Manufacturing Overhead Total Cost The company apples overmead 10 jobs at a rate of sta per direct sabor hour. Required: Prepare journal entries to record cost of goods sold and sales revenue for JOD 1324. Assume the total cost of a is currently in the Finished Goods inventory Account and that the Dreynas paid for the pool with cash. Of no enti required for a transactionlevent, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet 1 2 Record the cost of goods sold. Note: Enter debits before credits Transaction General Journal Cost of Goods Sold Debit Credit Record entry View general journal Job cost sheet Job Number 1324 Date Started: 7/8/2018 Date Completedt 9/30/2018 Description Drayna Pool Direct Labor Applied Manufacturing Overhead Hours Rate Amount Amount Ticket Hours TE 31 335 TT 39 $ 800 Direct Materials Reg. Amount No MR 3345 $1,500 MR 1,000 3372 M 1,250 4251 MR 4263 1,750 MER 2,000 5236 $7,500 TT 385 TT 425 34 500 23 445 158 $3,200 Cost Summary Direct Materials cost $7,500 Direct Labor Cost Applied Manufacturing Overhead 2 Total cost The company applies overhead to jobs at a rate of $15 ber direct labor hour Required: Prepare journal entries to record cost of goods sold and sales revenue for Job 132. Assume the total cost of ob 1324 is currently in the finished Goods Inventory Account and that the Dynas paid for the pool with cash. If no entry is required for a transactionlevent, select "No Journal Entry Required in the first account neid.) View transaction list Journal entry worksheet 2 Record the sale of Job 1324 for cash Note: Enter debits before credits Transaction General Journal Debit Credit Records Viergere journal Clear entry Job Cost Sheet Job Number, 1324 Date Started: 7/8/2018 Date Completed 8/20/2018 Description Drayna Pool Applied Direct Labor Manufacturing Overhead Ticket Hours Amount Hours Rate Amount TT 335 $ 600 TT 800 Direct Materials Reg. mount No MR 3345 $1,500 MR 1,000 3372 MR 1,250 4251 MR 4263 1,750 MR 2,000 5236 $7.500 600 340 IT 385 TT 425 700 23 500 445 158 $3,200 7 Cost Summary Direct Materials Cost $7,500 Direct Labor Cost 3,200 Applied Manufacturing Overhead Total Cost The company apples overmead 10 jobs at a rate of sta per direct sabor hour. Required: Prepare journal entries to record cost of goods sold and sales revenue for JOD 1324. Assume the total cost of a is currently in the Finished Goods inventory Account and that the Dreynas paid for the pool with cash. Of no enti required for a transactionlevent, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet 1 2 Record the cost of goods sold. Note: Enter debits before credits Transaction General Journal Cost of Goods Sold Debit Credit Record entry View general journal Job cost sheet Job Number 1324 Date Started: 7/8/2018 Date Completedt 9/30/2018 Description Drayna Pool Direct Labor Applied Manufacturing Overhead Hours Rate Amount Amount Ticket Hours TE 31 335 TT 39 $ 800 Direct Materials Reg. Amount No MR 3345 $1,500 MR 1,000 3372 M 1,250 4251 MR 4263 1,750 MER 2,000 5236 $7,500 TT 385 TT 425 34 500 23 445 158 $3,200 Cost Summary Direct Materials cost $7,500 Direct Labor Cost Applied Manufacturing Overhead 2 Total cost The company applies overhead to jobs at a rate of $15 ber direct labor hour Required: Prepare journal entries to record cost of goods sold and sales revenue for Job 132. Assume the total cost of ob 1324 is currently in the finished Goods Inventory Account and that the Dynas paid for the pool with cash. If no entry is required for a transactionlevent, select "No Journal Entry Required in the first account neid.) View transaction list Journal entry worksheet 2 Record the sale of Job 1324 for cash Note: Enter debits before credits Transaction General Journal Debit Credit Records Viergere journal Clear entry