Moving to another question will save this response 10 points Question 1 started and finished job no K24 during August The job required $16.000 of direct materials and 40 hours of direct labor at $18 per hour The prede factory overhead rate is $22 per direct labor hour During August, direct materials requisitions for alljobs (including job no. K24) totaled $184,000 The total direct labor hours and cost for all jobs ( including job no K24) were 8000 hours at $18 per hour. The costs of all jobs completed (including job no. K24) were $342,000 Required A Prepare journal entries that summarize August's total activity B Determine the cost of job no. K24 8