The Polar company uses job-order costing system. The following data relate to the

first month of the company's fiscal year

Raw materials purchased on account, $210,000

b. Raw materials issued to production, $190,000 [$178,000 direct materials

and $12,000 indirect materials].

Direct labour cost incurred, $90,000; indirect labor cost incurred

$110,000

d. Depreciation recorded on factory equipment, $40,000

Other manufacturing overhead cost incurred during the month is $70,000

[credit]

Company applies manufacturing overhead based on direct labour.

Budgeted cost for direct labour cost is $110,000 and estimated direct hours

worked during the month are 25000 hours. Actual hours worked was

20,000 hours. Calculate the PR and journalize the applied cost

g. Production orders costing $520,000 were completed and transferred to

finished goods

Production costing $480,000 were shipped to customers during the month

The company sells its goods 25% above cost. The goods were sold on credit