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Required Informatlon Use the following information to answer questions. (Algo) [The following information applies to the questions displayed below] Information on Kwon Manufacturing's activities for

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Required Informatlon Use the following information to answer questions. (Algo) [The following information applies to the questions displayed below] Information on Kwon Manufacturing's activities for its first month of operations follows: a. Purchased $101,400 of raw materials on credit. b. Materials requisitions show the following materials used for the month. c. Time tickets show the following labor used for the month. 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 imventory. 4. (1) Sold Job 201 for $167,960 on credit. (2) Record cost of goods sold for Job 201. Q. Incurred the following actual other overhead costs for the month. Exercise 158 (Algo) T-accounts for manufacturing actlvities LOP1, P2, P3 Post enties for vansactions a through g to the T-accounts. Each of T-accounts started the month with a zero balance. (X) Answer is complete but not entirely correct

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