Question 12 Watson Manufacturing Company employs a job order cost accounting system and keeps perpetual inventory records. The following transactions occurred in the first month of operations 1 Direct materials requisitioned during the month: Job 101 $20,000 Job 102 16,000 Job 103 24,000 $60,000 2. Direct labot incurred and changed to bring the month was Job 101 $32.000 Job 102 213.000 Job 103 20.00 10,000 3 Manufacturing overhead was not too worked on using predetermined overhead rate based on 25 of direct labor costs Actual manufacturing overhead coloured and said during the month amounted to $60,000 Job 101 consisting of 1.000 ts and loh 103 consisting of 200 units were completed during the month 5 (a) Prepare journal entries to record the above transactions. (Credit account rities are automatically indented when the amount is entered No. Account Titles and Explanation Debit Credit 1. 2. 3. Click if you would like to show Work for this question: Open Show Work