ON JOB ORDER CO ING Counting more, counting less P12,000 1,500 2,000 P15,500 Insurance expenses Depreciation Payroll taxes Total a.a..5. Factory overhead is applied to each job upon completion as follows: Forming department: 100% of direct labor pesos. Finishing department: 50% of direct labor pesos. a.a..6. Job 101 was completed on January 21 and job 102 was completed on January 25. Both jobs were transferred to the finished goods storeroom upon completion. a.a..7. Both jobs were picked up on January 25 by the customers, who paid cash. Required: Prepare journal entries for the above transactions.