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Oak Creek Furniture Factory (OCFF). a custom fumiture manufacturer, uses job order costing to track the cost of each customer crder. On March 1, OCFF

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Oak Creek Furniture Factory (OCFF). a custom fumiture manufacturer, uses job order costing to track the cost of each customer crder. On March 1, OCFF had two jobs in process with the following costs: Source documents revealed the following during March: The company applies overhead to products at a rate of 150 percent of direct labor cost. Required: Prepare journal entries to record the materials requisitions, labor costs, and applied overihead. Note: If no entry is required for o transoction/event, select "No Journal Entry Required" in the first account field. Journal entry worksheet Record the issuance of raw materials to production. Note: Enter debits before credits. Journal entry worksheet Record Oak Creek Furniture Factory's payroll costs. Assume the direct labor is owed but not paid. Note: Enter debits before credits. Journal entry worksheet Record the application of manufacturing overhead to production. Note: Enter debits before credits

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