only part e please

Question 1 of 3 > 11.85 / 30 III : View Policies Show Attempt History Current Attempt in Progress Wildhorse Company uses a job order cost system and applies overhead to production on the basis of direct labor costs. On January 1, 2022, Job 50 was the only job in process. The costs incurred prior to January 1 on this job were as follows: direct materials $26,000, direct labor $15,600, and manufacturing overhead $20,800. As of January 1, Job 49 had been completed at a cost of $117,000 and was part of finished goods inventory. There was a $19,500 balance in the Raw Materials Inventory account on January 1. During the month of January, Wildhorse Company began production on Jobs 51 and 52, and completed Jobs 50 and 51. Jobs 49 and 50 were sold on account during the month for $158,600 and $205,400, respectively. The following additional events occurred during the month. 1. Purchased additional raw materials of $117,000 on account. 2. Incurred factory labor costs of $91,000. 3. Incurred manufacturing overhead costs as follows: depreciation expense on equipment $15,600; and various other manufacturing overhead costs on account $20,800. 4. Assigned direct materials and direct labor to jobs as follows. Job No. Direct Materials Direct Labor 50 $13,000 $6,500 51 50.700 32,500 52 39,000 26,000 Question 1 of 3 11.85 / 30 : JU,/UU J2JUU 52 39,000 26.000 5. Assigned indirect materials of $22,100 and indirect labor of $26,000. (a) Your answer is correct. Calculate the predetermined overhead rate for 2022, assuming Wildhorse Company estimates total manufacturing overhead costs of $1,092,000, direct labor costs of $910,000, and direct labor hours of 26,000 for the year. Predetermined overhead rate 120 % e Textbook and Media List of Accounts Attempts: 1 of 3 used Using multiple attempts will impact your score. 15% score reduction after attempt 2 (c) Your Answer Correct Answer Your answer is partially correct. Prepare the journal entries to record (1) the purchase of raw materials, (2) the factory labor costs incurred, and (3) the manufacturing overhead costs incurred during the month of January. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (1) Raw Materials Inventory 117000 Accounts Payable 117000 (2) Factory Labor 91000 Factory Wages Payable 91000 (3) Manufacturing Overhead 36400 Accounts Payable 20800 Question 1 of 3 11.85 / 30 !!! : (3) Manufacturing Overhead 36400 Accounts Payable 20800 Accumulated Depreciation Equipment $24.400 15600 e Textbook and Media List of Accounts Attempts: 3 of 3 used Using multiple attempts has impacted your score. 15% score reduction after attempt 2 (d1) Your Answer Correct Answer Your answer is partially correct. Prepare the journal entries to record the assignment of (1) raw materials, (2) factory labor, and (3) manufacturing overhead costs to production. In assigning manufacturing overhead costs, use the overhead rate calculated in (a). (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) to production. In assigning manufacturing overhead costs, use the overhead rate calculated in (a). (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (1) Work in Process Inventory 102700 Manufacturing Overhead 22100 Raw Materials Inventory 124800 ( (2) Work in Process Inventory 65000 Manufacturing Overhead 26000 Payroll Liabilities 91000 (3) Work in Process Inventory 86664 Factory Labor 86664 e Textbook and Media Solution Question 1 of 3 11.85 / 30 lii (b) & (d2) Your Answer Correct Answer Your answer is partially correct. Openjob cost sheets for Jobs 50,51, and 52. Enter the January 1 balances on the job cost sheet for Job 50. Post all costs to the job cost sheets as necessary. Job No. 50 Date Direct Materials Direct Labor Manufacturing Overhead Beg. $ 26000 $ 15600 $ 20800 Jan. 13000 6500 8667 $ 39000 $ 22100 $ 29467 Cost of completed job Direct materials $ 39000 Cost of completed job Direct materials $ 39000 Direct labor 22100 Manufacturing overhead 29467 Total cost $ 90567 Job No. 51 Date Direct Materials Direct Labor Manufacturing Overhead Jan. $ 50700 $ 32500 $ 43333 $ 50700 32500 $ 43333 Cost of completed job Direct materials $ 50700 TO Direct labor 32500 Cost of completed job Direct materials $ 39000 Direct labor 22100 Manufacturing overhead 29467 Total cost $ 90567 Job No. 51 Date Direct Materials Direct Labor Manufacturing Overhead Jan. $ 50700 $ 32500 $ 43333 $ 50700 32500 $ 43333 Cost of completed job Direct materials $ 50700 TO Direct labor 32500 Cost of completed job Direct materials $ 50700 Direct labor 32500 Manufacturing overhead 43333 Total cost $ 126533 Job No. 52 Date Direct Materials Direct Labor Manufacturing Overhead Jan. $ 39000 $ 26000 $ 34667 e Textbook and Media Solution List of Accounts Attempts: 3 of 3 used Using multiple attempts has impacted your score. Question 1 of 3 11.85 / 30 III (e) Your answer is partially correct. Prepare the journal entry to record the completion of any job(s) during the month. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Finished Goods Inventory 217100 Factory Wages Payable 217100 e Textbook and Media List of Accounts Save for Later Attempts: 1 of 3 used Submit Answer Using multiple attempts will impact your score. 15% score reduction after attempt 2