Required information Use the following information to answer questions. (Algo) The following information applies to the question displayed below Information on Kwon Manufacturing's activities for its test month of operations follows a. Purchased $100.700 of raw materials on cred b. Materials requisitions show the following materials used for the month Job 201 Job 292 Total direct materials Indirect materials Total materials used $48,900 24,300 73,200 9,220 $12,520 Time tickets show the following labor used for the month Job 201 Job 202 $3,000 13,300 Total direct labor Indirect on Total labor used 24,900 d. Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate is 80% of direct materia cost e. Transferred Job 201 to Finished Goods Inventory f) Sold Job 201 for $165.860 on credit (2) Record cost of goods sold for Job 201 incurred the following actual other overhead costs for the month Depreciation of factory Sent on factory building (payable) factory utilities (payable) 532,700 570 670 Expired factory Insurance 3,700 Total other factory overhead costs Exercise 15-8 (Algo) T-accounts for manufacturing activities LO P1, P2, P3 Post entries for transactions a through g to the T-accounts Each of Taccounts started the month with a ser bonce Row Materials Inventory Depang Salance 0 100 700 Ending bac 100,700 Beginning Balance Ending Dance Beginning Balance Factory Overhead 0 Ending balance Cost of Goods Sold Begering Balance 0 Ending balance 0 Ending balance