Old School Publishing Inc. began printing operations on January 1. Jobs 301 and 302 were completed during the month, and all costs applicable to them were recorded on the related cost sheets. Jobs 303 and 304 are still in process at the end of the month, and all applicable costs except factory overhead have been recorded on the related cost sheets. In addition to the materials and labor charged directly to the jobs, $7,500 of indirect materials and $11,800 of indirect labor were used during the month. The cost sheets for the four jobs entering production during the month are as follows, in summary form:

Job 301		Job 302
Direct materials	$10,500	Direct materials	$21,600
Direct labor	7,200	Direct labor	15,600
Factory overhead	4,752	Factory overhead	10,296
Total	$22,452	Total	$47,496

Job 303		Job 304
Direct materials	$23,800	Direct materials	$15,900
Direct labor	19,100	Direct labor	14,000
Factory overhead		Factory overhead

Required:

Journalize the Jan. 31 summary entries to record each of the following operations for January (one entry for each operation). Refer to the Chart of Accounts for exact wording of account titles.

	a. Direct and indirect materials used.
	b. Direct and indirect labor used.
	c. Factory overhead applied to all four jobs (a single overhead rate is used based on direct labor cost).
	d. Completion of Jobs 301 and 302.

DATE DESCRIPTION POST. REF. CREDIT Jan. 31 Work in Process Factory Overhead DEBIT 71,800.00 7,500.00 Materials 79,300.00 Jan. 31 55,900.00 11,800.00 Work in Process Factory Overhead Wages Payable Work in Process 67,700,00 Jan. 31 36,894.00 7 000 67,700.00 Wages Payable Jan. 31 ' Work in Process 36,894.00 Factory Overhead 36,894.00 Finished Goods 39,140.00 Work in Process 94,646.00 Incorrect