Sager Company manufactures variations of its product, a technopross. In response to custom orders from its customers. On May 1, the company had no inventories of work in process or finished goods but hold the following raw materials On May 4, the company began working on two technopresses: Job 102 for Wordivide company and ob 103 for Router Company w a s on credit and recorded the following information from recong reports and Rocolving Report No 426. Material M. 300 units at $300 each Receiving Report No 427, Marta R. 95 units $180 each Record the purchases with a single journal entry Enter the receiving report information on the materials de corde b Rogu moned the following raw materials for production Regulon No. 35, for Job 102 108 units of Material Region No 36, for Job 102.72 units of Material Rogumon No 37 for Job 103 56 unit of Material M. Requisition No. 38, for Job 103,76 units of Material R. Requisition No. 39 for 23 units of paint Enter amounts for direct materials requisitions on the materials ledger cards and the job cost shoots. Enter the Indirect materials amount on the materials loogor card Received the following employee time tickets for work in May. Time tickets Nos, 110 10 for direct labor on Job 102. $86.000. Time tickets No. 11 10 30 for dwect labor on Job 103 $52000 Timo tickets Nos 3110 36 for equipment repairs. $23.750. Record direct labor from the time tickets on the job cost sheets e d. Pald cash for the following om during the month factory payroll 5160750 and collaneous overhead toms. $120,000 Use the time tickets to record the total direct and indirect labor Co . h ed Job 102 and free to the warehouse. The company ass overhead to schob with a predetermined overhead qualBON of direct labor cost Enter the allocated overhead on the cost sheet for Job 102. in the cost somnary section of the cost shoots Divered Job 102 and accepted the customer's promise to pay $500.000 within 30 days ed overhead cost to Job 103 bed on the job doctor to dete A Complete the mat Courts for t er cards for More 102 and c 3 M M R and painting the information given in part and Complete the job o n given in parta. b. cand Procere journal entries for part a through Complete this question by entering your answers in the tabs below. Prepare journal entries for part through g. (If no entry is required for a transaction/event, alect "No journal entry INSULELLIDUI LUL. Required: Complete the materials ledger cards for Material M, Material R. and paint using the Information alven in part a and cost sheets for Jobs 102 and 103 using the information given in part a, b, c and e. Prepare Journal entries for parta Complete this question by entering your answers in the tabs below. Prepare journal entries for part a through g. (If no entry is required for a transaction/event, select "No jol required in the first account field.) View transaction list View journal entry worksheet General Jour Credit Debit 107 100 Raw materials inventory Accounts payable 107,100 Factory overhead Ins.840 Work in process inventory Raw materials inventory Factory overhead Work in process inventory Finished goods inventory Work in process inventory Accounts receivable (2) Cost of goods sold Finished goods inventory Work in process invento Factory overhead