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Question 29 (3 points) Listen Items 29, 30, 31 and 32 are related to a Job Order Costing system of the Golden Rams Company for

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Question 29 (3 points) Listen Items 29, 30, 31 and 32 are related to a "Job Order Costing" system of the Golden Rams Company for the month of October 2020. What is the journal entry to record the following transaction? Material requisitions total $80,000 that was allocated as following: Job #101 - $40,000; Job #102- -$30,000, and $10,000 of indirect materials. Debit--WIP, 70,000; Credit- - Materials, 70,000 Debit--WIP, 80,000; Credit- - Materials, 80,000 Debit- - Materials, 80,000; Credit--WIP, 70,000 and Overhead, 10,000 Debit--WIP, 70,000 and Overhead, 10,000; Credit- - Materials, 80,000

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