P$3-4$A$.$ Job Cost Journal Entries Prior to the beginning of Year $1,$ Lowe Company estimated that it would incur $$176,000$ of manufacturing overhead cost for the year, using $16,000$ direct labor hours to produce the desired volume of goods. On January $1,$ Year $1,$ beginning balances of Materials Inventory, Work$-$in$-$Process Inventory, and Finished Goods Inventory were $$28,000,$$$-0-,$ and $$43,000,$ respectively.

Required

Prepare general journal entries to record the following for the year:

a$.$ Purchased materials on account, $$39,000.$

b$.$ Of the total dollar value of materials used, $$31,000$ represented direct materials and $$11,000$ indirect materials.

c$.$ Determined total factory labor, @ $$9/$hr$.).$

d$.$ Of the factory labor, $80\%$ was direct and $20\%$ indirect.

e$.$ Applied manufacturing overhead based on direct labor hours to work$-$in$-$process.

f$.$ Determined actual manufacturing overhead other than those items already recorded, $$92,000.($Credit Accounts Payable.$)$

g$.$ Ending inventories of work$-$in$-$process and finished goods were $$32,000$ and $$57,000,$ respectively. Determine the cost of finished goods $($credit WIP$)$ and the cost of goods sold $($credit FC inventory$).$ Make separate entries.

h$.$ Transferred the balance in Manufacturing Overhead to Cost of Goods Sold.