Ross Refrigeration manufactures luxury commercial refrigerators. K-Ross completed but did not sell one refrigerator (Fridge A) worth $9,500 during the last period. K-Ross did not have any other jobs in process at the beginning of the month (except for Finished Goods, the beginning balance in all other inventory accounts was 0). REQ A: Use the information provided, record transactions A-G in the t-accounts provided on the following page (please label your entry with the corresponding transaction letter below) A. K-Ross purchased $35,000 in raw materials on account/credit B. K-Ross uses $8,000 of direct materials to begin production of two refrigerators (Fridge B and C). C. K-Ross incurs $11,000 in direct labor (for Fridge B and C) to be paid in the next period. D. K-Ross paid $8,400 cash for delivery drivers wages. E. K-Ross must determine how much manufacturing overhead should be allocated to refrigerators in production. The company uses machine hours as its cost driver. Use the following information record actual and applied overhead (assume actual overhead was paid for in Cash) In the space below, show your work for calculating the PDMOH rate and Applied MOH. DESCRIPTION BUDGETED ACTUAL Cos Machine Hours Cost Machine Hours Fridge B $2, 100 140 $2,600 150 Fridge C $1,300 60 $1,000 75 Total $3,400 200 $3,600 225 PDMOH RATE APPLED MOH F. K-Ross completed production of Fridge B. Costs attributable to Fridge B include $4,200 of direct materials, $5,000 of direct labor, and applied manufacturing overhead. G. K-Ross sold Fridge A on account for $10,300.Cash l l Raw Materials Inventory I I Manufacturing Overhead I I I Sales Revenue l l l Accounts Receivable Work In Process Inventory Accounts Payable Cost of Goods Sold Finished Goods Inventory + I $9,500 Wages Payable Wage Expense