The Manufacturing Department accepted Job 705 on February 29th to make 1,000 units..

To complete the job they requisitioned 2,100 metal sheets at $2.10 per sheet and 3,150 screws at $0.51 per screw.

The cost driver that the Manufacturing Department is machine hours which are counted on a machine mounted counter. $4.52 is applied as overhead for each machine hour. Additionally, $425.00 of overhead is applied to each job due to setup and teardown.

Direct labor is $25.20 per hour for the machine operator and $16.30 for the machine loader. The job required 29 hours of labor by the team.

When the job was complete Job 507 was transferred to Finished Goods Inventory (FGI). When the job was transferred, 60 metal sheets were returned unused to material inventory, 95 screws were returned, and there were 3,115 machine hours on the counter.

Journalize all events depicted as of February 29th.