Question 1 (10 points) B1, C1 The following information pertains to Rami manufacturing Co.: 1- Beginning inventories: Materials $30,000; Work-in process $12,000; Finished goods S15,000. 2- Ending inventories: Materials $10,000; Work-in process $18,000; Finished goods S12,000. 3. During the year, the company purchased materials of $80,000 4- The company paid labor wages of $500,000. 5- The overhead manufacturing costs were $180,000. Instruction: Prepare the journal entries. Question 2: (10 points) B1, CI Maram Manufacturing Company received orders: 1; 2; 3. Orders: 2 and order 3 completed. Order 2 sold. Instructions: Prepare job costing schedule. And the necessary journals. Additional information: 1. Materials used $200,000 distributed 30% 20%; 50% respectively to the orders. 2. Labor: $20,000; 530,000; $40,000 respectively to the orders. 3. Overhead cost: $10,000; $60,000; $70,000 respectively to the orders