Saved Homework E2-19 (Algo) Preparing Journal Entries (LO 2-S1) Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $173.760 Estimated direct labor cost was $450,690 for 18.100 hours Actual costs for the most recent month are summarized here: Total Cost $ 45,070 Item Description Direct labor (1,810 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory janitorial work Factory insurance General and administrative salaries Selling expenses 2,510 3,310 3,360 4,870 5,660 1,280 1,790 4,290 5,370 Required: 1., 2. & 3-a. Prepare the journal entries for overhead (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Required" in the first account field.) View transaction list Journal entry worksheet Record the actual manufacturing overhead cost incurred. The credit can be to a generic account titled Cash, Payables and so on. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal View transaction list Journal entry worksheet