l Sprint 1:10 AM Document Step 1 You work for TwasduCustom Tablesc. This is the first month of eperations. The company deigns and manufactures specialty tables. Each table is specialy customized for the customer This month, you have been asked to develop and manufacture two new tables for customers. You w design and buld the tables. This is a no nail no screw, and mo glue manufacturing (no indirect materials used) You wil be keeping track of the costs incurred to manufacture the tables using Job #1 Cost Sheet #2 Cost Sheet a per unit basis Table Top 20000 5250.00 Drawer $320.00 The company uses a job order costing system and applies manufacturing overhead to jobs based The company estimates that there will be 12 direct labor hours worked during the month The estimated manufacturing overhead cost for the month is b. Rent for the factory per month $700.00 on direct labor hours Factory superviser salary per monh 3,s00.00 . Depreciation of factory equipmet per mon $600.00 4 800.00 Total Estimated manufacturing overhead What is the predetermined manufacturing overhead rate? Step 2 The first onder you received was to manufacture a table using atable top and four legs This is Sbep3 The cuitomer that has ordered Job 2, wants a table that is the same as Job W1, but wants to add a drawer to tep 4 The folowing is a list of transactions that need to be recorded for the company for activity in the month of December. Recend Please use the following accounts Accounts Receivables, Raw materials, Work in process, Finished goods, Accumulated depreciation, Accounes payable, Salaries and waees payable, Sales tevenue, Manufacturing overhead, Cost of goods sold, Salanies and wages expense, Advertisine expenses, and Depreciation expenme l-Dec Raw Materials purchased on accont, $12,000 s-Dec Al kaw Materuh needed for Job #1 were requitoned from the material storage for use dung the month. Assume all materials are direct. (After you journalize this emry please enter the information in the "General Journal" uning the proper format 10 Dec The folowing employee costs were incurred but not paid durine the month There are three asembly emgloyees that spend 2 hours each, $10 per hour to make the table for Job #1. CA.her you iornatee this entry please enter the infermation into Job #1 Cost Sheet) alary for supervisor of the factory 54,000 Administrative Salary $2,000 15-Dec Al Raw Materals needed for lob#2 were requistoned from the material storage for use dung the month. Assume all materials are direct. After you journaliue this entry please enter the information inno lob 82 Cost Sheet 1-Dec Rent for the month of December for the factory bulding incurred but mat paid $700 17-Dec Advertising costs incurred but not paid for the month was $1,600 20-Dec Depreciation for the month of December was recorded on equipment was 5750 (S150 for equipment used in the factory and the remainder for equipment used in selling and administrative 22-Dec Manufacturing overhead coat waa applied based on direct labor hours to lob #1 based on the POHR determined on the "Jeb Cost Sheer" (After you journalize this entry please enter the information Cost Shee Dec lob #1 was completed and nsferred to Finished Goods during month. -Dec The completed table from Job #1 was sold on account to the customer for $17,000 during the month. (Hint: Make sure to account fof the coit of the table that was sold usine the cost from the jeb cost shee