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Sarasota Corporation was starting a new style of jacket and was monitoring the costs of its first production run of these items during the month.

Sarasota Corporation was starting a new style of jacket and was monitoring the costs of its first production run of these items during the month. The costs and transactions associated with this jacket were as follows. 1.2.3.4.5.6. Purchased fabric on account at a cost of 420. Transferred330 of fabric into production. Accrued DL cost of 230 associated with 10 DL hours. Recorded actual MOH costs of205(consisting of accrued liabilities of 120 and factory-related depreciation of85). Applied MOH costs using a budgeted MOH rate of 13 per DL hour. Recognized cost of goods completed of480. Sarasota Corporation was starting a new style of jacket and was monitoring the costs of its first production run of these items durinit the month. The costs and transactions associated with this jacket were as follows. 1. Purchased fabric on account at a cost of $ 420,2. Transferred $ 330 of fabric into production. 3. Accrued DL cost of $ 230 associated with 100 DL hours: 4. Recorded actual MOH costs of $ 205(consisting of accrued liabilities of $ 120 and factory related depreciation of $ 85).5. Applied MOH costs using a budgeted MOH rate of $ 13 per DL hour 6. Recognized cost of goods completed of $ 480.
write the journal entries for these transactions using Actual MOH, Applied MOH, DL cost, DM used, End Balance, goods completed, and Purchases

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