The following vansactions were incurted by Mooney Fabricalon durng danuary the fint month of its fincal year (CVgk the icon to saw the transactoons? Read the ieguacerith a. $2t0,000 of maserials was puechased in acoount Recoed the entry. b. 5190.000 of materass was used in productionc of this amsunt, 5167.000 mete iset on apeoflc jobs. Recond ihe entry c. Manudacturng lator and saiares for the month staled s2as,000. 5200 ooe of the weai manufacturing labor and salaries was traced is specife jotet, and the trmairoer wast indiret labor used in the fadory. d. The conpany recorded 519.000 of depetciution on the plant and plait nquignent the company anso recieived a plat usiby be for $10,000 which will be pud at a laber date. Record tere eriry Requirement 2. By the end of dinuary, was manulachuing evelteat everallocitet or underdiocatedt by how much? During danuary actua manutacturing ovented etsis lataled had teen alocated to iobs. Thecelore, nandictuning ovethead had been - By the and of darany a setat of More info a. $210,000 of materials was purchased on account. b. $190,000 of materials was used in production; of this amount, $167,000 was used on specific jobs. c. Manufacturing labor and salaries for the month totaled $235,000,$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 $19,000 of depreciation on the plant and plant equipment. The company also received a plant utility bill for $10,000 which will be paid at a later date. e. $86,000 of manufacturing overhead was allocated to specific jobs