The following transactions were incurred by Mooney Fabricators during January, the first month of its fiscal year (Click the icon to view the transactions.) Read the requirements Requirement 1. Record the proper journal entry for each transaction (Record debits first, then credits. Exclude explanations from any journal entries) a. $175,000 of materials was purchased on account. Record the entry Journal Entry Date Accounts Debit Credit b. $ 158,000 of materials was used in production of this amount. 5146 000 were used on specific Jobs Record the entry Journal Entry Accounts Date Debit Credit Choose from any stor enter any number in the input fields and then continue to the next question action. (Record debits first, then credits. Exclude explanations from any journal entries.) entry - X More Info a. C. $175,000 of materials was purchased on account. b. $158,000 of materials was used in production of this amount, $146,000 was used on specific jobs Manufacturing labor and salaries for the month totaled $255,000 $200,000 of the total manufacturing labor and salaries was traced to specific jobs, and the remainder was indirect labor used in the factory. d. The company recorded $20,000 of depresiation on the plant and plant equipment. The company also received a plant utility bill for $11,000 which will be paid at a later date. $96,000 of manufacturing overhead was allocated to specific jobs. e. Print Done and then continue to the next question. b. 5158.000 of materials was used in production of this amount 5146 000 were used on specific jobs Record the entry Journal Entry Date Accounts Debat Credit b c. Manufacturing labor and salaries for the month totaled $255.000 5200 000 of the total manufacturing fator and sales was traced to specific and the remainder as indirect laborsa in the factory Journal Entry Date Acounts Debit d. The company recorded 520.000 of depreciation on the plant and plant equipment. The company also received a plant utility bill for $11,000 which will be paid atalar de Record the entry Journal Entry Date Accounts Debit Crec e. 596.000 of manufacturing overhead was allocated to specific jobs Record the only Journey Dat Accounts Debit Credit Choo many to enter any number init inputs and en context e. $96,000 of manufacturing overhead was allocated to specific jobs. Record the entry Journal Entry Date Accounts Debit Credit Requirement 2. By the end of January, was manufacturing overhead overallocated or underallocated? By how much? During January, actual manufacturing overhead costs totaled By the end of January, a total of had been allocated to jobs. Therefore, manufacturing overhead had been by Choose from any list or enter any number in the input fields and then continue to the next