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Please see images below: Georgia Woods, |nc., manufactures furniture to customers' specications and uses job order costing. A predetermined overhead rate is used in applying

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Georgia Woods, |nc., manufactures furniture to customers' specications and uses job order costing. A predetermined overhead rate is used in applying manufacturing overhead to individualjobs. In Department One, overhead is applied on the basis of machinehours, and in Department Two, on the basis of direct labor hours. At the beginning of the current year, management made the following budget estimates to assist in determining the overhead application rate. Direct labor cost $ 366,666 $ 225,666 Direct labor hours 26,666 15,666 Manufacturing overhead $ 426,666 $ 332,566 Machinehours 12,666 2,566 Production of a batch of custom furniture ordered by City Furniture [job no. 58) was started early in the year and completed three weeks later on January 29. The records for this job show the following cost information. Job order: City Furniture (job no. 58): Direct materials cost $16,166 $ 2,666 Direct labor cost $16,566 $11,166 Direct labor hours 1,166 246 Machinehours 256 566 Selected additional information for January is as follows. Direct labor hoursmnth of January 1,666 1,266 Hachinehoursnonth of January 1,166 666 Hanufacturing overhead incurred in January $39,616 $26,546 1:. Prepare the entries required to record the sale {on account} of the furniture to City Furniture. The sales price of the order was $147,000

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