Number 2 and number 4.

Med v veppeds maaring van ww plied manufacturinhe rent from HICO motor balance connect The Foundational 15 rationis a manufacturer that uses chce t e balances were as follows: the company's L03-3, 103-4 Raw materials Work in process... - $40.000 Finished goods $18,000 $35,000 many applies overhead cost to jobs on the basis of direct labor-hours. For the current company's predetermined Overhead rate of $16.25 per direct laborehour was based on a la that estimated S650.00 of total manufacturing overhead for an estimated activity O direct labor-hours. The following transactions were recorded for the year. materials were purchased on account, SS10 CNC materials used in production, $180.000. All of of the raw materials were used as direct The company applies vear, the compan cost formula level of 40.000 Raw b. Raw mater materials labor, $150.000; sellin following costs were accrued for employee services: direct labor. $600,000: indirect $150.000; selling and administrative salaries. $240.0XX). ned various selling and administrative expenses (e.e.. advertising, sales travel costs, and finished goods warehousing). $367,000 urred various manufacturing overhead costs (e.e.. depreciation, insurance, and utilities). $500,000. Manufacturing overhead cost was applied to production. The company actually worked 41.000 direct labor-hours on all jobs during the year. Jobs costing $1,680,000 to manufacture according to their job cost sheets were completed dur- ing the year. Jobs were sold on account to customers during the year for a total of $2,800,000. The jobs cost $1.690,000 to manufacture according to their job cost sheets. h Required: 1 What is the journal entry to record raw materials used in production? 1 What is the ending balance in Raw Materials? 3. What is the journal entry to record the labor costs incurred during the year? 4 What is the total amount of manufacturing overhead applied to production during the year