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NOW2 Online teach X eBook Entries for Factory Costs and Jobs Completed Old School Publishing Inc. began printing operations on January 1. Jobs 301 and

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NOW2 Online teach X eBook Entries for Factory Costs and Jobs Completed Old School Publishing Inc. began printing operations on January 1. Jobs 301 and 302 were completed during the month, and all costs applicable to them were recorded on the related cost Sheets. Jobs 303 and 304 are still in process at the end of the month, and all applicable costs except factory overhead have been recorded on the related cost sheets. In addition to the materi and labor charged directly to the jobs, 52.220 of Indirect materials and $25,920 of indirect labor were used during the month. The cost sheets for the four jobs entering production during the month are as follows, in summary forms Job 302 Job 301 Direct materials $23,020 $10,760 8,800 Direct materials Direct labor Factory overhead Direct labor Factory overhead 4,600 4,840 2,530 Total $36,660 Total $17890 Job 100 Job 303 Direct materials 528,640 Direct materials $6.630 Direct labor 9,800 Direct labor 1,300 Factory overhead Factory overhead Journal the summary entry to record each of the following operations for January (one entry for each operation) a. Direct and indirect materials used for compound transaction, if an amount box does not require an entry leave it blank Pierous O MY WORK mote Coming An wr ayer St AG Bople Factory overhead Factory overhead urnalize the summary entry to record each of the following operations for January (one entry for each operation) . Direct and indirect materials used, For a compound transaction. If an amount box does not require an entry, leave it blank, b. Direct and indirect labor used. For a compound transaction, if an amount box does not require an entry, leave it blank. A . Factory overhead applied to all four jobs a single overhead rate is used based on direct labor cost) d. Completion of Jobs 301 and 302 Check My Workmore Check My Working Previous All work saved Ema St Assignment

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