Problem 2-130 Quark Spy Equipment manufactures espionage... Quark Spy Equipment manufactures espionage equipment Quark uses a job-order costing system and estimated that it applies overhead to jobs on the basis of direct labor-hours. For the current year, Quark would work 73,000 direct labor-hours and incur $17,666,000 of manufacturing overhead cost. The following summarized information relates to January of the current yoar. The raw materials purchased include both direct and indirect materials $ 1,247,100 Raw materials purchased on account Direct materials requisitioned into production 1,148.200 Indirect materials requisitioned into production $ 87,100 Direct labor cost (6,900 hours@$42 per hour) 289,800 Indirect labor cost9.500 hours @ $23 per hour) $ 218.500 Depreciation on the factory building Depreciation on the factory equipment Utilities for the factory Cost of jobs finished Cost of jobs sold Salos (ail on account) $ 255,100 $ 1,192,800 $ 107,200 3,359,800 3,208,500 $ 4,810,400 Required: Prepare journal entries to record Quark's transactions for the month of January. Do not close out the manufacturing overhoad account. [If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction ist View journal entry worksheet No Transaction General Journal Debit Credit Raw matorials 1,247.100