Prepare journal entries to record the above transactions (5) 1. 2 Chapter 20 Assignment Instructions: 1. Download me attached document and when it with your name 2. Complete the excercise, save and send as an attachment in the Ch. 20 Agost Watson Manufacturing Company employs a job order cost acounting system and keeps perpetual inventory records. The following transactions occurred in the first month of operations 3. 1). Direct materials requisitioned doring the month Job 101 125,000 Job 102 23,000 Job 103 24.099 $72.000 2). Direct labor incurred and charged to jobs during the month was Job 101 $33,000 Job 102 36.000 Job 103 *7272.000 196.000 (6) Answer the following questions: 1. How much manufacturing overhead was applied to Job 103 durin the month? 2. compute the unit cost of Jobe 101 and 103. 2. What is the balance in Work In Process taventory at the end of th month 3). Manufacturing overhead was applied to jobs worked on using a predetermined overhead rate based on 70% of direct labor costs 4. Determine if manufacturing overhead was under or over apple during the month. How much? 4). Actual manufacturing overhead costs incurred during the month amounted to 576,000 Your answers will be accepted only in Word format as an attachment. 5). Job 10consisting of 1,000 units and Job 103 consisting of 200 units were completed during the month