The following transactions occurred in during the month of January: a) Purchased $10,000 of raw materials on account b) Requisitioned $8,000 of materials for Jobs 101-105 c) Requisitioned $500 of materials for general factory use d) Paid factory workers wages $7,500 e) Paid factory supervisor salary of $1,500 f) Paid factory rent and utilities of $4,000 g) Applied factory overhead: predetermined rate is $50 per direct labor hour. January Direct Labor hours = 100 h) Completed jobs 101 and 102 total product cost of $2,250 i) Sold job 101 which had product costs of $1,200 for $3,800. Journalize under a Job Order Cost System Date Description Post Debit Credit Journalize under a Lean Accounting system note not all transactions require a journal entry.