Sherwood Anderson Inc. is a manufacturing firm that uses job-order costing. The company applies overhead to jobs using a predetermined overhead rate based on machine-hours. At the beginning of the year when determining their predetermined overhead rate, they estimated that they would use 63,000 machine hours and incur $378,000 in overhead costs. Required: Prepare journal entries in good form for the following transactions that occurred during the year. If no entry is required write the word "None." Omit journal entry explanations. 1. Raw materials amounting to $409,000 were used in production. $388,000 of the raw materials were classified as direct materials and $21,000 were classified as indirect materials. 2. Factory utility costs amounting to $28,000 were incurred and paid. 3. Direct labor costs were $115,000, indirect labor costs amounted to $60,000, and selling and administrative salaries were $190,000. All labor and salary costs are paid in cash. 4. The actual level of machine hours for the year was 62,000. 5. Sales for the year amounted to $1,500,000 all on account, and the cost of goods sold were $600,000. A periodic inventory system is used