The following activities were recorded by the Electric Ice Company during the month of June. The company uses a job costing system, and factory overhead is applied on the basis of machine hours. At the beginning of the year, management estimated that the company would incur $1,050,000 of factory overhead costs and use 70,000 machine hours.

(a) Purchased 100,000 pounds of materials on account. The cost was $2.00 per pound.

(b) Issued 130,000 pounds of materials to production, of which 20,000 pounds were used as indirect materials. Assume all materials are at $2 per pound.

(c) Incurred $130,000 of direct labor costs and $25,000 of indirect labor costs.

(d) Recorded depreciation on equipment for the month, $37,000.

(e) Recorded $13,000 of insurance costs for the manufacturing property.

(f) Paid $7,000 cash for utilities and other miscellaneous items for the manufacturing plant.

(g) Completed job X costing $22,000 and job Y costing $70,000 during the month and transferred them to Finished Goods inventory account.

(h) Shipped job Y to the customer during the month. The job was invoiced at 30 percent above cost.

(i) Used 11,000 machine hours during June.

Required: Prepare journal entries to record the events that occurred during June.

Full credit will not be given if relevant calculations are not shown.