journal entry

The Printing Company employs a job-order costing scheme that allocates manufacturing overhead costs to workers based on the cost of products used in production. The following estimates were used to calculate the predetermined overhead rate at the beginning of the year: manufacturing overhead cost of $186,000,- direct materials cost of $155,000. During the year, the following transactions occurred (all sales and services were made on credit): a. b. Spent on raw materials $96,000. Requisitioned for raw materials to be used in manufacturing (all direct materials) $88,000. Utility bills incurred in the factory $17,000. Costs for salaries and wages incurred as follows: Direct labor $174,000 Indirect labor $70,000 Selling and administrative salaries $124,000 Maintenance costs incurred in the factory $12,000. Advertising costs incurred $98,000. Depreciation recorded for the year $75,000 (75% relates to factory assets and the remainder relates to selling and administrative assets). Rental cost incurred on buildings, $80,000 (30% of the space is occupied by the factory, and 20% is occupied by sales and administration). Miscellaneous selling and administrative costs incurred, $12,000. Manufacturing overhead cost was applied to jobs. Cost of goods manufactured for the year, $480,000. Sales for the year (all on account) totaled $900,000. These goods cost $550,000 to manufacture Required: Makejournal entries to record the above information from a to l. [10%)