The following transactions occurred in January at Apex Manufacturing, a custom parts supplier. Apex uses job costing.

1. Purchased $54,200 in materials on account.
2. Issued $2,000 in supplies from the materials inventory to the production department.
3. Paid for the materials purchased in transaction (1).
4. Issued $26,000 in direct materials to the production department.
5. Incurred wage costs of $47,000, which were debited to Payroll, a temporary account. Of this amount, $14,000 was withheld for payroll taxes and credited to Payroll Taxes Payable. The remaining $33,000 was paid in cash to the employees. See transactions (6) and (7) for additional information about Payroll.
6. Recognized $26,000 in fringe benefit costs, incurred as a result of the wages paid in (5). This $26,000 was debited to Payroll and credited to Fringe Benefits Payable.
7. Analyzed the Payroll account and determined that 70 percent represented direct labor; 20 percent, indirect manufacturing labor; and 10 percent, administrative and marketing costs.
8. Paid for utilities, power, equipment maintenance, and other miscellaneous items for the manufacturing plant totaling $32,900.
9. Applied overhead on the basis of 150 percent of direct labor costs.
10. Recognized depreciation of $17,750 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	$	56,325
Work-in-Process Inventory		13,125
Finished Goods Inventory		62,750		$	50,800
Cost of Goods Sold					101,275

Prepare T-accounts to show the flow of costs during the period.