The following manufacturing costs were incurred: 1. Materials purchased on account were $256,500, and wages for factory workers were $111,580. 2. Materials requisitioned and factory labour used by each job were as follows: Job Number Materials Factory Labour A1 $43,740 $28,400 A2 33,630 34,500 A3 39,670 17,400 A4 39,540 25,900 General factory use 3,450 5,380 Total $160,030 $111,580 3. Manufacturing overhead costs incurred on account were $69,200. 4. Depreciation on machinery and equipment was $17,000. 5. The manufacturing overhead rate is 75% of the direct labour cost. Prepare entries for manufacturing costs and assigning costs to production. (List all debit entries before credit entries. Credit account titles entered. Do not Indent manually.) Account Titles and Explanation Raw Materials Inventory Accounts Payable (To record purchases of raw materials on account) Factory Labour Debit 256500 111580 Credit 256500 Account Titles and Explanation Debit Raw Materials Inventory Accounts Payable (To record purchases of raw materials on account) Factory Labour Factory Wages Payable (To record factory labour costs) Manufacturing Overhead Accounts Payable Accumulated Depreciation Equipment 256500 Credit 111580 86200 256500 111580 69200 17000 (To assign raw materials to production) Work in Process Manufacturing Overhead Factory Labour (To assign factory labour to production) Work in Process Manufacturing Overhead Raw Materials Inventory 106200 5380 111580 Work in Process Manufacturing Overhead Raw Materials Inventory (To record manufacturing overhead costs) (To assign overhead to production)