Problem 7 The following are transactions of Robina Corporation for the month of February 2020. Provide the corresponding journal entries for each transaction: 1. Purchase of materials (direct and indirect), on credit P1.020.000 2. Usage of raw materials, P550.000 (20% are indirect materials) 3. Manufacturing payroll for the month: Gross amount of 450,000 Direct labor, P120,000 of which for SSS and other government payable, and gross amount of indirect labor. P180,000, P45.000 of which for $55 and government payabile. Net salary paid in cash. 4. Other manufacturing overhead costs incurred during the month P200,000, consisting of janitorial salaries, paid in cash P65.000 paid in cash for plant utilities. repairs. supervisory salaries, P150,000 paid in cash plant depreciation P100.000 5. Allocation of manufacturing overhead to jobs using predetermined OH rate of Pamocline bour Actual machine hour for the month is 50.000 bours 6. Completion and transfer of individual jobs to finishes pooh Pi 555.000 7. Costil gods sold, P880.000 B. Natetime costs for February, PL 5.000 and customer service costs for February PS15.000 paid in casti 9. Sales all on credit 2 270.000 The followire are also provided the month @ P200,000, consisting of Janitorial salaries, paid in cash P65,000 paid in cash for plant utilities, repairs, supervisory salaries, P150.000 paid in cash plant depreciation, P100.000 5. Allocation of manufacturing overhead to jobs using predetermined OH rate of P12/machine hour. Actual machine hour for the month is 50,000 hours 6. Completion and transfer of individual jobs to finished goods, P1.555.000 7. Cost of goods sold. P880,000 B. Marketing costs for February, P145.000 and customer service costs for February P515.000 paid in cash 9. Sales, all on credit. P2 270.000 The following are also urovided Tax rate - 32% Interest expen-P120,000 Benventore Raw in Po 10.000 Work in process 1.065.000. Finished Goods P2.000.000 Units matured for the period 100.000 units The entry to record transaction 5 Wide del loro G OO DO WIS DOO W00-600 WISCO