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Information on Kwon Manufacturings activities for its first month of operations follows:

Purchased $100,300 of raw materials on credit.

Materials requisitions show the following materials used for the month.

Job 201$ 48,500Job 20223,900Total direct materials72,400Indirect materials8,920Total materials used$ 81,320

Time tickets show the following labor used for the month.

Job 201$ 39,500Job 20212,900Total direct labor52,400Indirect labor24,500Total labor used$ 76,900

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

Transferred Job 201 to Finished Goods Inventory.

Sold Job 201 for $164,660 on credit.

Incurred the following actual other overhead costs for the month.

Depreciation of factory equipment$ 32,300Rent on factory building (payable)530Factory utilities (payable)830Expired factory insurance3,300Total other factory overhead costs$ 36,960

Prepare journal entries to record the transactions reflected in items a through g.