Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to track the cost of each customer order. On March 1, OCFF had two jobs in process with the following costs:

Work in ProcessBalance

on 3/1Job 33$5,600Job 343,500$9,100

Source documents revealed the following during March:

Materials Requisitions FormsLabor Time

TicketsStatus of Job at Month-EndJob 33$3,000$4,600Completed and soldJob 343,1003,800Completed, but not soldJob 354,0002,500In processIndirect1,0002,000$11,100$12,900

The company applies overhead to products at a rate of 55 percent of direct labor cost.

Required:

Prepare journal entries to record the materials requisitions, labor costs, and applied overhead