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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: Balance Work in Process on 3/1 Job 33 $4,100 Job 34 3,500 $7,600 Source documents revealed the following during March: Materials Requisitions Labor Time Forms Tickets Status of Job at Month-End Job 33 $ 3,100 $ 4,800 Completed and sold Job 34 3,200 3,200 Completed, but not sold Job 35 3,800 3,200 In process Indirect 1,000 2,700 $11,100 $ 13,900 The company applies overhead to products at a rate of 60 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.) Check my work 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 Record entry Clear entry V 1 2 3 Prepaid Rent the is Raw Materials Inventory Repair Jobs in Process r debits Sales Revenue Selling and Administrative Expenses ction lion Debit cord entry Clear entry View Selling and Administrative Expenses Service Revenue Enter debits Wages Payable Work in Process Inventory asaction | De Record entry Clear entry a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list 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. Transaction General Journal Dobit Credit Record entry Clear entry View general journal a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 Record the application of manufacturing overhead to production. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal

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