Make a Manufacturing Journal Entry for Problem #1 & #2. You will be provided with the format.

Problem #1 August 1 Purchased direct materials $1,912 and $482 in indirect materials on account 3 Requested direct materials costing $ 1,880 and indirect materials of $96 for production 8 Issued checks for overhead costs $295 Recorded the following wages direct labor, 5 1,640, indirect labor $760, manufacturing 15 supervision. $240 and sales commissions $198 15 Applied overhead at a rate of 85 percent of direct labor 18 Issued checks for overhead costs 10,900 25 Completed jobs with a cost of $322,400 31 Shipped Job to customer, cost was $294,200 and sale price was $418,240. Problem #2 July 1 Purchased direct materials on account $215,400 3 Purchased indirect materials for cash 49,500 Requested direct materials costing $193,200 and indirect materials of 38,100 for 4 production 8 Issued checks for overhead costs 12,100 Recorded the following wages direct labor, 120,000, indirect labor 60,620, manufacturing 15 supervision, 25,800 and sales commissions 30,980 15 Applied overhead at a rate of 90 percent of direct labor 18 Issued checks for overhead costs 9,900 20 Purchased direct materials on account of $214,750 and indirect materials of $31,400 Requested direct materials costing $ 214,750 for production and $31,400 of indirect 21 materials. Recorded the following wages direct labor, 132,000, indirect labor 62,240, manufacturing 23 supervision, 27,420 and sales commissions 30,200 23 Applied overhead at a rate of 90 percent of direct labor 24 Issued checks for overhead costs 11,250 Problem #2 25 Completed jobs with a cost of $855,900 31 Shipped Job to customer, cost was $824,520 and sale price was $966,800 Journal Entries Journal entries trace the manufacturing costs through the accounts. They make use ofthe inventory accounts that we discussed earlier. A typical example is below: Journal Entries Debit Credit Materials Inventory Accounts Payable/Cash Purchase of materials, direct or indirect for cash or on account Work in Process Materials Inventory Direct Materials Used Overhead Materials Inventory Indirect materials used Work in Process Wages Payable Direct Labor Used Overhead Wages Payable Indirect Labor Used Overhead Accounts Payable/Cash All actual overhead costs as they occur Work in Process Materials Inventory Direct Materials Used Overhead Materials Inventory Indirect materials used Work in Process Wages Payable Direct Labor Used Overhead Wages Payable Indirect Labor Used Overhead Accounts Payable/Cash All actual overhead costs as they occur Work in Process Overhead Applied Overhead Finished Goods Inventory Work In Process Transfer to finished goods everything that is finished Cost of Goods Sold Finished Goods Inventory Cost of Goods that are actually sold Accounts Receivable/Cash Sales Retail price of what you actually sold