Q2// Johnstown manufacturing company produces custom made, dyed sweat shirt for distribution on college campuses. The following standard have been established : Direct Labor : 1/2 hours @ 6 per hour Factory Overhead : 1/2 hour @ $10 per hour The monthly production budget is based on normal plant operation of 1600 hour, with fixed factory overhead of $11200. the following data concerned with transaction during January 2018 : Direct labor payroll 1550 hour at $5.9 , Actual factory overhead $16100, Actual production volume 3483 unit Total Allocated Rate $10, Fixed Allocated Rate $7. Required : Prepare a journals entries by using partial methods. Q2// Johnstown manufacturing company produces custom made, dyed sweat shirt for distribution on college campuses. The following standard have been established : Direct Labor : 1/2 hours @ 6 per hour Factory Overhead : 1/2 hour @ $10 per hour The monthly production budget is based on normal plant operation of 1600 hour, with fixed factory overhead of $11200. the following data concerned with transaction during January 2018 : Direct labor payroll 1550 hour at $5.9 , Actual factory overhead $16100, Actual production volume 3483 unit Total Allocated Rate $10, Fixed Allocated Rate $7. Required : Prepare a journals entries by using partial methods