On November 2, Newsprint Manufacturing purchases 5 rolls of paper on account at $125 per roll for use within the production process. On November 5,4 rolls of this paper are issued to Job 157A in the Printing Department. The Printing Department applies $675 in direct labor and $1,150 of factory overhead to Job 157A. On November 8 , Printing transfers Job 157A to the Folding Department. The Folding Department applies $450 in direct labor and $655 in factory overhead to Job 157A. Job 157A is transferred to Finished Goods inventory on November 9. Required: a. Journalize the entry to record the purchase of the paper. b. Journalize the entries to record the transfer of raw materials to work in process, the application of direct labor, and the application of manufacturing overhead to Job 157A while in the Printing Department. c. Journalize the entries to record the transfer of Job 157A to the Folding Department at actual cost. d. Journalize the entries to record the application of direct labor and the application of manufacturing overhead to Job 157A while in the Folding Department. e. Journalize the entry to record the transfer of Job 157A to finished goods inventory at actual cost. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for spaces or journal explanations. Every line on a journal page is used for debit or credit entries. Do not add explanations or skip a line between journal entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. CHART OF ACCOUNTS Newsprint Manufacturing General Ledger ASSETS REVENUE 110 Cash 410 Sales 121 Accounts Receivable 610 Interest Revenue 131 Raw Materials 133 Work in Process-Printing EXPENSES 134 Work in Process-Folding 510 Cost of Goods Sold 135 Factory Overhead 520 Wages Expense 137 Finished Goods 531 Insurance Expense 141 Supplies 532 Utilities Expense 142 Prepaid Expenses 533 Office Supplies Expense 181 Land 560 Depreciation Expense 190 Factory Equipment 590 Miscellaneous Expense 191 Accumulated Depreciation 710 Interest Expense LIABILITIES 210 Accounts Payable 221 Utilities Payable 251 Wages Payable EQUITY 311 Common Stock 340 Retained Earnings 351 Dividends 390 Income Summary a. Journalize the entry to record the purchase of the paper. b. Journalize the entries to record the transfer of raw materials to work in process, the application of direct labor, and the application of manufacturing overhead to Job 157A while in the Printing Department. c. Journalize the entries to record the transfer of Job 157A to the Folding Department at actual cost. d. Journalize the entries to record the application of direct labor and the application of manufacturing overhead to Job 157A while in the Folding Department. e. Journalize the entry to record the transfer of Job 157A to finished goods inventory at actual cost. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for spaces or journal explanations. Every line on a journal page is used for debit or credit entries. Do not add explanations or skip a line between journal entries. CNOW journals will automatically indent a credit entry when a credit amount is entered