Tegan and Sara Company has the following information for December of this year:

The overhead rate is $150\%$ of direct labor costs. Tegan and Sara Company uses a job costing system.

REQUIRED:

Prepare a Schedule of Cost of Goods Manufactured so you can answer provide the following amounts:

a$)$ Raw Materials Available for Use:

b$)$ Raw Materials USED:

c$)$ Total Manufacturing Costs Added to Production $($DM$,$ DL and $OH)$:

d$)$ Cost of Goods Manufactured:

Prepare the journal entry to record the cost of goods completed and transferred to Finished Goods Inventory.

Identify each answer with the question's number and letter $($you can approximate the formatting above, for example:$)$

a$)1,234$

b$)5,678$

JOURNAL ENTRY HEREGlenn Company uses the weighted average approach to process costing method with the following data for the month of October.

WIP, October $1-30,000$ units

$\backslash$table$[[$Direct material $-100\%$ completed,$$50,000$