Journal entry worksheet Record the raw materials issued to production, $189,000 ( $151,200 direct materials and $37,800 indirect materials). Note: Enter debits before credits. The Polaris Company uses a job-order costing system. The following transactions occurred in October: a. Raw materials purchased on account, $210,000. b. Raw materials used in production, $189,000 ( $151,200 direct materials and $37,800 indirect materials). c. Accrued direct labor cost of $49,000 and indirect labor cost of $20,000. d. Depreciation recorded on factory equipment, $106,000. e. Other manufacturing overhead costs accrued during October, $131,000. f. The company applies manufacturing overhead cost to production using a predetermined rate of $9 per machine-hour. A total of 76,200 machine-hours were used in October. g. Jobs costing $514,000 were completed and transferred to Finished Goods. h. Jobs costing $448,000 were shipped to customers. These jobs were sold on account at 22% above cost. Required: 1. Prepare journal entries to record the transactions given above. 2. Prepare T-accounts for Manufacturing Overhead and Work in Process. Post the relevant transactions from above to each account. Compute the ending balance in each account, assuming Work in Process has a beginning balance of $36,000. Complete this question by entering your answers in the tabs below. Prepare journal entries to record the transactions given above. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet 56 Raw materials purchased on account, $210,000. Note: Enter debits before credits. 2. Prepare T-accounts for Manufacturing Overhead and Work in Process. Post the ferevanth Compute the ending balance in each account, assuming Work in Process has a beginning balance of $36,000. Complete this question by entering your answers in the tabs below. Prepare T-accounts for Manufacturing Overhead and Work in Process. Post the relevant transactions from above to each account. Compute the ending balance in each account, assuming Work in Process has a beginning balance of $36,000