Prepare the journal entries to record the assignment of raw materials, factory labour, and manufacturing overhead costs to production. In assigning manufacturing overhead costs, use the overhead rate calculated in part (a). (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round answers to 0 decimal places, e.g. 1,245.) 4. It assigned direct materials and direct labour to jobs as follows: 5. It assigned indirect materials of $17,300 and indirect labour of $18,500. (a) Your answer is correct. Calculate the predetermined overhead rate for 2022, assuming Crane Manufacturing estimates total manufacturing overhead costs of $1,500,000, direct labour costs of $752,200, and direct labour hours of 20,100 for the year. (Round answer to 2 decimal places, eg. 21.11.) Post all costs to the job cost sheets as necessary. (Round answers to 0 decimal places, e g. 1,245.) Crane Manufacturing uses a job-order cost system and applies overhead to production on the basis of direct labour costs. On January 1,2022 , Job No. 50 was the only job in process. The costs incurred prior to January 1 on this job were as follows: direct materials $30,500, direct labour $15,500, and manufacturing overhead $20,300. As at January 1, Job No. 49 had been completed at a cost of $120,100 and was part of finished goods inventory. There was a $25,700 balance in the Raw Materials Inventory account on January 1. During the month of January, Crane Manufacturing 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 $152,200 and $198,900, respectively. The following additional events occurred during the fonth: 1. Crane purchased additional raw materials of $106,000 on account. 2. It incurred factory labour costs of $76,400. 3. It incurred manufacturing overhead costs as follows: depreciation on equipment $14,300, and various other manufacturing overhead costs on account $22,900. 4. It assigned direct materials and direct labour to jobs as follows: (e1) The parts of this question must be completed in order. This part will be available when you complete the part above. (e2) The parts of this question must be completed in order. This part will be available when you complete the part above. The parts of this question must be completed in order. This part will be available when you complete the part above. (e2) The parts of this question must be completed in order. This part will be available when you complete the part above. (f) The parts of this question must be completed in order. This part will be available when you complete the part above. (g1) The parts of this question must be completed in order. This part will be available when you complete the part above. (h) The parts of this question must be completed in order. This part will be available when you complete the part above. (b) Your answer is correct. Enter the January 1 balances on the job cost sheet for Job No. 50 . Prepare the journal entries to record the purchase of raw materials, the factory labour costs incurred, and the manufacturing overhead costs incurred during the month of January. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)