The Polaris Company uses a job$-$order costing system. The following transactions occurred in October:

a$.$ Raw materials purchased on account, $$210,000.$

b$.$ Raw materials used in production, $$190,000($ $$152,000$ direct materials and $$38,000$ indirect materials$).$

c$.$ Accrued direct labor cost of $$49,000$ and indirect labor cost of $$21,000.$

d$.$ Depreciation recorded on factory equipment, $$105,000.$

e$.$ Other manufacturing overhead costs accrued during October, $$129,000.$

f$.$ The company applies manufacturing overhead cost to production using a predetermined rate of $$8$ per machine$-$hour. A

total of $76,100$ machine$-$hours were used in October.

g$.$ Jobs costing $$515,000$ were completed and transferred to Finished Goods.

h$.$ Jobs costing $$452,000$ were shipped to customers. These jobs were sold on account at $34\%$ above cost.

Required:

Prepare journal entries to record the transactions given above.

Prepare T$-$accounts for Manufacturing Overhead and Work in Process. Post the relevant transactions from above to each

account. Compute the ending balance in each account, assuming Work in Process has a beginning balance of $$34,000.$

Complete this question by entering your answers in the tabs below.

Prepare journal entries to record the transactions given above.

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.