Reddington Computers uses a job-order costing system. The following transactions occurred during May. While interning at Reddington Computers, Dembe was asked to prepare journal entries, in good form, for the following transactions: 1. Raw materials purchased on account, $225,000. 2.Raw materials used in production, $200,0001$180,000 direct materials and $20,000 indirect materials). 3. Directlabor cost of $75,000 and indirect labor cost of $15,000. 4. Deprecition and other manufacturing overhead costs accrued during May, $100,000. 5. The company applies manufacturing overhead cost to production using a predetermined rate of $32 per direct labor hour. A total of 4,800 direct labor hours were used in May. 6. Jobs costing 5500,000 according to their job cost sheets were completed during May and transferred to Finished Goods. 7. Joos that had cost $400,000 to complete according to their job cost sheets we'e' shipped to customers dering the month These jobs were sold on account at 130% of manufacturing cost. Required lyou may use scratch paper for calculation, however, J/Es must be written in the space below]: 2 (8points) Prepare journal entries to record the transactions: 2,3,5,7 b. 12 pointss Deteemine the amount of overapplied MOH or underapplied MOH. c. [2points) Prepare the ditect wite off method