lodule 2 Assignment eBook Calculator Print Item Instructions Journal Shaded cells have feedback. Old School Publishing Inc. began printing operations on January 1. Jobs 301 and 302 were Journalize the Jan. 31 summary entries to record each of the following operations for Jan completed during the month, and all costs applicable to them were recorded on the related operation). Refer to the Chart of Accounts for exact wording of account titles. cost sheets. Jobs 303 and 304 are still in process at the end of the month, and all applicable a. Direct and indirect materials used costs except factory overhead have been recorded on the related cost sheets. In addition to b. Direct and indirect labor used the materials and labor charged directly to the jobs, $7,900 of indirect materials and $13,200 of indirect labor were used during the month. The cost sheets for the four jobs entering c. Factory overhead applied to all four jobs (a single overhead rate is used based on dire production during the month are as follows, in summary form: d. Completion of Jobs 301 and 302. Job 301 Job 302 How does grading work? Direct materials $10,900 Direct materials $18,300 Direct labor 8,900 Direct labor 17,700 JOURNAL Factory overhead 5,785 Factory overhead 11,505 DATE DESCRIPTION POST. REF. Total $25,585 Total $47,505 Jan. 31 Work in Process Factory Overhead Materials Job 303 Job 304 Jan. 31 Work in Process Direct materials $26,000 Direct materials $13,700 Factory Overhead Direct labor 16,000 Direct labor 12,300 6 Wages Payable Factory overhead Factory overhead Jan. 31 Work in Process 8 Factory Overhead Required: 9 Jan. 31 Finished Goods Journalize the Jan. 31 summary entries to record each of the following operations 10 Work in Process for january (one entry for each oneration) Refer to the Chart of Accounts for exact