Required information [The following information applies to the questions displayed below] Information on Kwon Manufacturing's activities for its first month of operations follows: a. Purchased $101,600 of raw materials on credit. b. Materials requisitions show the following materials used for the month. Job 201 Job 202 Total direct materials $49,800 25,200 75,000 10,220 Total materials used $ 85,220 Indirect materials c. Time tickets show the following labor used for the month. Job 201 $40,000 Job 202 14,200 total direct labor 55,000 Indirect labor 25,000 Total Labor used $80,00 d. Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate is 80% of direct materials cost e. Transferred Job 201 to Finished Goods Inventory (7) Sold Job 201 for $168,560 on credit. (2) Record cost of goods sold for Job 201 g. Incurred the following actual other overhead costs for the month Depreciation of factory equipment Rent, on factory building (payable) Factory utilities (payable) Expired factory insurance $ 33,600 660 960 4.600 Total other factory overhead costs 539,820 1. Prepare a job cost sheet for Job 201 and for Job 202 for the month 2. Compute gross profit on the sale of Job 201 Complete this question by entering your answers in the tabs below. Required 11 Required 2 Prepare a job cost sheet for Job 201 and for Job 202 for the month Job Number Job Number Materia Labor Ovenwal Talcot 201 202 Required 3> 1. Prepare a job cost sheet for Job 201 and for Job 202 for the month. 2. Compute gross profit on the sale of Job 201 Complete this question by entering your answers in the tabs below. Required 1 Requiret 2 Compute gross profit on the sale of Job 201. Job 201 Gross Profit