On November 2, Newsprint Manufacturing purchased 5 rolls of paper on account at $125 per roll for use in production of the December magazine. On November 5, 4 rolls of paper was issued to Job 157A in the printing department. A worker in the printing department logged 45 hours in Job 157A at a labor rate of $15 per hour. Newsprint Manufacturing expected to incur $255,556 of total factory overhead costs for the year and 10,000 hours of direct labor. On November 20 the magazine was completed and transferred to the magazine stand. Journalize the following: 1. The purchase of the paper. 2. The transfer of raw materials to work in process 3. The application of direct labor 4. The application of manufacturing overhead to Job 157A 5. The transfer of Job 157A to finished goods at cost