The following transactions occurred in January at Apex Manufacturing, a custom parts supplier. Apex uses job costing. Purchased $75,180 in materials on account. Issued $2,100 in supplies from the materials inventory to the production department. Paid for the materials purchased in transaction (1). Issued $35,700 in direct materials to the production department. Incurred wage costs of $58,800, which were debited to Payroll, a temporary account. Of this amount, $18,900 was withheld for payroll taxes and credited to Payroll Taxes Payable. The remaining $39,900 was paid in cash to the employees. See transactions (6) and (7) for additional information about Payroll. Recognized $29,400 in fringe benefit costs, incurred as a result of the wages paid in (5). This $29,400 was debited to Payroll and credited to Fringe Benefits Payable Analyzed the Payroll account and determined that 60 percent represented direct labor; 30 percent, indirect manufacturing labor; and 10 percent, administrative and marketing costs. Paid for utilities, power, equipment maintenance, and other miscellaneous items for the manufacturing plant totaling $45,360. Applied overhead on the basis of 175 percent of direct labor costs. Recognized depreciation of $24,150 on manufacturing property, plant, and equipment. Required: a. Prepare journal entries to record these transactions. b. The balances that appeared in the accounts of Apex Manufacturing are shown as follows. Beginning Ending Materials Inventory $ 77,805 Work-in-Process Inventory 17,325 Finished Goods Inventory 87,150 $ 69,720 Cost of Goods Sold 138,285 Prepare T-accounts to show the flow of costs during the period.