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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

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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 Process Job J) Job 34 Balance on 3/1 $ 7,500 6,000 $13,500 Source documents revealed the following during March: Labor Materials Requisitions Form Job 33 $ 3,500 Job 34 6,000 Job 35 4,200 Indirect 1,300 $ 15,000 Tickets Status of Job at Month-End $ 6,500 completed and sold 7,800 Completed, but not sold 3,250 In process 2,140 $19,690 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 overhead. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Required: Prepare journal entries to record the materials requisitions, labor costs, and applied overhead. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet

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