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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:

1. Purchased $100,300 of raw materials on credit.
2. Materials requisitions show the following materials used for the month.

Job 201	$ 48,500
Job 202	23,900
Total direct materials	72,400
Indirect materials	8,920
Total materials used	$ 81,320

3. Time tickets show the following labor used for the month.

Job 201	$ 39,500
Job 202	12,900
Total direct labor	52,400
Indirect labor	24,500
Total labor used	$ 76,900

4. Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate is 80% of direct materials cost.
5. Transferred Job 201 to Finished Goods Inventory.
6. (1) Sold Job 201 for $164,660 on credit. (2) Record cost of goods sold for Job 201.
7. Incurred the following actual other overhead costs for the month.

Depreciation of factory equipment	$ 32,300
Rent on factory building (payable)	530
Factory utilities (payable)	830
Expired factory insurance	3,300
Total other factory overhead costs	$ 36,960

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