The company spent the entice month of January woibing on a hige order for 12,400 customimade machined parts. The compony had no work in process at the beginning of Januayy Cost cato relating to January follow. a. Row materials puichased on account $315,000, b. Raw matenats used in production, $264.000 ( 80% direct materials and 20% indirect materiats). c. Laber cost accrued in the factory. $153,000 (one-tird daect labor and twa-thirds indirect labor) d. Depreciation recorded on factory equipntent, $63,600 e Other manufactuting overhead costs incurred on account, $85,700 f Manufacturing overhead cost was applied to production on the basis of 40,970 machine-hours actually worked daring the month. 9. The completed job for 12400 custom made machned parts was moved into the linished goods warehouse on uanuary 31 to await delively to the customer on computing the dollar amount for this entry, remember that the cost of a completed job consists of direct materiats. drect labor, and appied overhead) Required: 1. Prepare foumal enties to record items (o) through (i) above lignore item (g) for the moment). 2 Prepare Taccounts for Manufacturing Overhead and Work in Process Post the relevant items from your journer entries to these Taccounts 3. Prepare a journal entry foriten (o) above. 4. If 10,400 of the custom made mochined parts are shipped to the customer in Februaly. how much of this jobs cost will be included in cost of goods sold for February? Complete the question by entering your answers in the tabs below. Prepare journal entries to record items (o) through (f) above [igooce item (g) for the nomant]. (If no eotry is requ red for a trensactiondevent, se ect 'No journal entry reguired" in the firs accouint lield. Do not round intermediate colcolationsi) Journal entry worksheet Faw materials purchased on account, $313,000. Hote: Enter debis beifre credits Journal entry worksheet Raw materials used in production, $264,000 ( 80% direct materials and 20%. Indirect materials). Note: Enter debits before crecits. Journal entry worksheet Labor cost accrued in the factory, $153,000 (one-third direct labor and twothirds indirect labor). Notel Enter debits before credito. Journal entry worksheet Depreciation recorded on factory equipment, $63,600. Notel Enter debits before credita. Journal entry worksheet Other manufacturing overhead costs incurred on account, $85,700. Note: Enter debits before credito. Journal entry worksheet 1 2 Manufacturing overhead cost was applied to production on the basis of 40,970 machine-hours actually worked during the month. Notei Enter debits before credits. Complete the question by entering your answers in the tabs below. completa Une question by entering your answers in the tabs below. accountifidis) Journal entry worksheet Fecond the entry to tranier from Wit to Finished goodf. Notiel Enter debit betore rested Complete the question by entering your answers in the tobs below. If 10,400 of the cuatom-made machined parts are shipped to the customer in February, how much of this job's cost will be Included in cost of goods sold for February? (Round your intermed ate calculations to 2 decimal places and final anewer to the nearest whole dollar amount.) The company spent the entice month of January woibing on a hige order for 12,400 customimade machined parts. The compony had no work in process at the beginning of Januayy Cost cato relating to January follow. a. Row materials puichased on account $315,000, b. Raw matenats used in production, $264.000 ( 80% direct materials and 20% indirect materiats). c. Laber cost accrued in the factory. $153,000 (one-tird daect labor and twa-thirds indirect labor) d. Depreciation recorded on factory equipntent, $63,600 e Other manufactuting overhead costs incurred on account, $85,700 f Manufacturing overhead cost was applied to production on the basis of 40,970 machine-hours actually worked daring the month. 9. The completed job for 12400 custom made machned parts was moved into the linished goods warehouse on uanuary 31 to await delively to the customer on computing the dollar amount for this entry, remember that the cost of a completed job consists of direct materiats. drect labor, and appied overhead) Required: 1. Prepare foumal enties to record items (o) through (i) above lignore item (g) for the moment). 2 Prepare Taccounts for Manufacturing Overhead and Work in Process Post the relevant items from your journer entries to these Taccounts 3. Prepare a journal entry foriten (o) above. 4. If 10,400 of the custom made mochined parts are shipped to the customer in Februaly. how much of this jobs cost will be included in cost of goods sold for February? Complete the question by entering your answers in the tabs below. Prepare journal entries to record items (o) through (f) above [igooce item (g) for the nomant]. (If no eotry is requ red for a trensactiondevent, se ect 'No journal entry reguired" in the firs accouint lield. Do not round intermediate colcolationsi) Journal entry worksheet Faw materials purchased on account, $313,000. Hote: Enter debis beifre credits Journal entry worksheet Raw materials used in production, $264,000 ( 80% direct materials and 20%. Indirect materials). Note: Enter debits before crecits. Journal entry worksheet Labor cost accrued in the factory, $153,000 (one-third direct labor and twothirds indirect labor). Notel Enter debits before credito. Journal entry worksheet Depreciation recorded on factory equipment, $63,600. Notel Enter debits before credita. Journal entry worksheet Other manufacturing overhead costs incurred on account, $85,700. Note: Enter debits before credito. Journal entry worksheet 1 2 Manufacturing overhead cost was applied to production on the basis of 40,970 machine-hours actually worked during the month. Notei Enter debits before credits. Complete the question by entering your answers in the tabs below. completa Une question by entering your answers in the tabs below. accountifidis) Journal entry worksheet Fecond the entry to tranier from Wit to Finished goodf. Notiel Enter debit betore rested Complete the question by entering your answers in the tobs below. If 10,400 of the cuatom-made machined parts are shipped to the customer in February, how much of this job's cost will be Included in cost of goods sold for February? (Round your intermed ate calculations to 2 decimal places and final anewer to the nearest whole dollar amount.)