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King Tool is a machine shop that uses job order costing. Overhead is applied to individual jobs at a predetermined rate based on direct. labor

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King Tool is a machine shop that uses job order costing. Overhead is applied to individual jobs at a predetermined rate based on direct. labor costs. The following is a job cost sheet for job no, 321. 0. Summarize the manufacturing costs charged to job no. 321 (Use one compound entry) b. Record the completion of job no. 321 . c. Record the creait sale of 2.000 units from job no. 321 at a unit sales price of $10. Record in a separate entry the related cost of goods sold Prepare general journal entries to the above statements: (if no entry is required for a transoction/event, select "No journal entry required" In the first occount field.) Journal entry worksheet Record the manufacturing costs incurred on job no. 321. Notel Enter debits before credisi

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