marks] 14. A manufacturing company is interested in predicting the number of defects that will be produced each hour on the assembly line. The managers believe that there is a relationship between the defect rate and the production rate per hour. The managers believe that they can use production rate to predict the number of defects. The following data were collected for 10 randomly selected hours. Defects Production Rate Per Hour 20 30 10 20 30 25 30 20 10 40 400 450 350 375 400 400 450 300 300 300 BE20-3 In January, Reyes Tool & Die requisitions raw materials for production as follows: Jobl $900, Job 2 $1,200, Job 3 $700, and general factory use $600. Prepare a summary journal entry to record raw materials used