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[The following information applies to the questions displayed below.] Information on Kwon Manufacturings activities for its first month of operations follows:

Purchased $100,400 of raw materials on credit.

Materials requisitions show the following materials used for the month.

Job 201	$ 48,600
Job 202	24,000
Total direct materials	72,600
Indirect materials	9,020
Total materials used	$ 81,620

Time tickets show the following labor used for the month.

Job 201	$ 39,600
Job 202	13,000
Total direct labor	52,600
Indirect labor	24,600
Total labor used	$ 77,200

Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate is 80% of direct materials cost.

Transferred Job 201 to Finished Goods Inventory.

(1) Sold Job 201 for $164,960 on credit. (2) Record cost of goods sold for Job 201.

Incurred the following actual other overhead costs for the month.

Depreciation of factory equipment	$ 32,400
Rent on factory building (payable)	540
Factory utilities (payable)	840
Expired factory insurance	3,400
Total other factory overhead costs	$ 37,180

Post entries for transactions a through g to the T-accounts. Each of T-accounts started the month with a zero balance.