Job Order Costing AJE's Cost of Direct Materials Cost of Direct Labor Cost of Goods Manufactured Sales Cost of Goods Sold Gross Profit Indirect Materials 185,000 262,000 529,400 1,200,000 641,000 559,000 Factory Payroll Other Overhead Costs Raw Materials Purchased with Cash Predetermined O/H rate based on Direct Labor 22,000 300,000 112,000 207,000 70% Use the above information to prepare journal entries for the following events: 1. Purchased Raw Material for cash 2. Direct Materials Usage 3. Indirect materials usage 4. Factory payroll costs in cash 5. Direct labor usage 6. Indirect labor usage 7. Factory overhead other than indirect materials and indirect labor (record Credit to Other Accou 8. Application of overhead to goods in process 9. Transfer of finished jobs to the finished goods inventory. 10. Sale and delivery of finished good to customers for cash 11. Allocation of overapplied or underapplied overhead to cost of goods sold