The following transactions occurred in January at Apex Manufacturing, a custom parts supplier. Apex uses job costing. 1. Purchased $54,300 in materials on account 2. Issued $2,100 in supplies from the materials inventory to the production department. 3. Paid for the materials purchased in transaction (1). 4. Issued $26,100 in direct materials to the production department. 5. Incurred wage costs of $48,000, which were debited to Payroll, a temporary account. Of this amount, $14,100 was with payroll taxes and credited to Payroll Taxes Payable. The remaining $33,900 was paid in cash to the employees. See tra and (7) for additional information about Payroll. 6. Recognized $27,000 in fringe benefit costs, incurred as a result of the wages paid in (5). This $27,000 was debited to P credited to Fringe Benefits Payable. 7. Analyzed the Payroll account and determined that 60 percent represented direct labor, 30 percent, indirect manufactur and 10 percent, administrative and marketing costs. 8. Paid for utilities, power, equipment maintenance, and other miscellaneous items for the manufacturing plant totaling $33 9. Applied overhead on the basis of 160 percent of direct labor costs. 10. Recognized depreciation of $17,850 on manufacturing property, plant, and equipment. Required: o. Prepare journal entries to record these transactions. b. The balances that appeared in the accounts of Apex Manufacturing are shown as follows. Prepare T-accounts to show the flow of costs during the period. Complete this question by entering your answers in the tabs below. Prepare journal entries to record these transactions. (If no entry is required for a transaction/event, select "No journat entry required" in the first account field.) Journal entry worksheet Record material purchases of $54,300 on account. Journal entry worksheet F Record material purchases of $54,300 on account. Note: Enter debits before credits. Prepare T-accounts to show the flow of costs during the period. tomework i Required A