Q4. The business transactions of Robinson Company are given below. Robinson factory manufactures furnitures and accounts manufacturing job-costing system using normal costing. - Purchase of direct and indirect materials on account, $100,000 - Usage of direct materials, $70,000, and indirect materials, $10,000 - Cash paid for direct manufacturing labor, $30,000, and indirect manufacturing labor, $20,000 - Incurrence of other manufacturing dept. overhead, $50,000 - Allocation of manufacturing overhead, $70,000 - Completion and transfer to finished goods is 10.000 units. - Incurrence of marketing and customer-service costs, $30,000 - 12.000 units sold at a unit sales price of $30 - Beginning inventory of the term is 5.000 units at a unit cost of $15. Requirements: Calculate the cost of goods sold (using FIFO) and journalize the transactions above