Northwest Incorporated has provided the following information for the year ended 20x8: a. Purchased raw materials on account for $241,400. b. Issued $131,400 In raw materials to production ($35,400 were not traceable to specific jobs). c. Incurred $145,400 In direct labor costs (15,520 hours) and $63,900 In supervision costs (paid in cash). d. Incurred the following additional manufacturing overhead costs: factory lease $37,400 (pald in cash); depreciation on equipment $31,400; Indirect supplies $14,900 (paid in cash). e. Incurred the following nonmanufacturing costs, both paid in cash: advertising $46,400; sales commissions $49,400. f. Applied manufacturing overhead to jobs in process at a rate of $13 per direct labor hour. g. Completed jobs costing a total of $416,400. h. Sold jobs for $626,400 on account. The cost of the jobs was $413,400. L. Closed the Manufacturing Overhead account balance. Required: Prepare the journal entries to record these transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View journal entry worksheet No Event General Journa 1 Raw Materials Inventory Debit Credit 241,400