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please help with requirement 2 More Info -X a. Purchased materials on account, $400,000 b. Requisitioned direct materials and used direct labor in construction. Recorded

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More Info -X a. Purchased materials on account, $400,000 b. Requisitioned direct materials and used direct labor in construction. Recorded the materials requisitioned. Direct Materials Direct Labor House 402 $ 53,000 $ 47,000 House 403 62,000 33,000 House 404 61,000 54,000 House 405 83,000 52,000 C. The company incurred total wages of $220,000. Use the data from Item b to assign the wages. Wages are not yet paid. d. Depreciation of construction equipment, $6,200 e. Other overhead costs incurred: Equipment rentals paid in cash, $30,000; Worker liability insurance expired, $5,000. f. Allocated overhead to jobs. g. Houses completed: 402, 404 h. House sold on account: 404 for $230,000 Print Done Sunny Construction, Inc. is a home builder in Sunny uses a job order costing system in which each house is a job. Because it constructs houses, the company uses an account titled Construction Overhead. The company applies overhead based on estimated direct labor costs. For the year, it estimated construction overhead of $1,050,000 and total direct labor cost of $2,100,000. The following events occurred during August: Click the icon to view the events.) Read the requirements Requirement 2. Prepare journal entries to record the events in the general journal. (Record debits first, then credits. Exclude explanations from any journal entries.) a. Purchased materials on account, $400,000 Date Accounts Debit Credit 400,000 a. Raw Materials Inventory Accounts Payable 400,000 b. Requisitioned direct materials and used direct labor in construction. Record the materials requisitioned. Date Accounts Debit Credit b. Work-in-Process Inventory Raw Materials Inventory Choose from any list or enter any number in the input fields and then click Check

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