Joumal Entries, T+Accounts Uncoin Brochers Company makes jobs to customer order. During the month of May, the following occurred: a. Materials were purchased on account for $51,200. b. Materials totaling $43,600 were requisitioned for use in producing various jobs. C. Direct labor payroll for the month was $26,100 with an average wage of $18 per hour. d. Actual overhead of $12,450 was incurred and paid in cash. e. Manufacturing overhead is charged to production at the rate of $6.20 per direct labor hour. f. Completed jobs costing $61,750 were transferred to Finished Goods. 9. Jobs costing $64,200 were sold on account for $0,250. Make the entry to record the revenue from the sale first, followed by the entry to record the cost of the jobs. Beginning balances as of May, 1 were: Required: 1. Prepare the journal entries for the preceding events. Check My Work Review how the flow of inventory from Raw materials to Work in Process to Finished goods is journalized. 2. Calculate the ending balances of: Feedback T Check My Work