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Need help on both questions Page 249, PB12 The following data summarize the operations during the year. Prepare a journal entry for each transaction. A.

Need help on both questions

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Page 249, PB12 The following data summarize the operations during the year. Prepare a journal entry for each transaction. A. Purchase of raw materials on account: $1,500 B. Raw materials used by Job 1: $400 C. Raw materials used as indirect materials: $50 D. Direct labor for Job 1: $200 E. Indirect labor incurred for Job 1: $30 F. Factory utilities incurred on account: $500 G. Adjusting entry for factory depreciation: $200 H. Manufacturing overhead applied as percent of direct labor: 100% I. Job 1 is transferred to finished goods J. Job 1 is sold: $1,000 K. Manufacturing overhead is underapplied: $100 (For practice do all the journal entries, but this is difficult to put into an objective question). What is the total for Job 1? Question 10 1 pts Page 249, PB 12 The following events occurred during March for Ajax Company. Prepare a journal entry for each transaction. A. Materials were purchased on account for $5,429. B. Materials were requisitioned to begin work on Job C15 in the amount of $2,500. C. Direct labor expense for Job C15 was $4.250. D. Actual overhead was incurred on account for $5,385. E. Factory overhead was charged to Job C15 at the rate of 200% direct labor. F. Job C15 was transferred to finished goods at $15.250. G. Job C15 was sold on account for $28,000 (For practice do all the journal entries, but this is difficult to put into an objective question). What is the total for Job C157

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