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The Polaris Company uses a job - order costing system. The following transactions occurred in October: a . Raw materlals purchased on account, $ 2

The Polaris Company uses a job-order costing system. The following transactions occurred in October:
a. Raw materlals purchased on account, $211,000.
b. Raw materlals used in production, $188,000( $150,400 direct materlals and $37,600 indirect materials).
c. Accrued direct labor cost of $48,000 and indirect labor cost of $20,000.
d. Depreclation recorded on factory equipment, $105,000.
e. Other manufacturing overhead costs accrued during October, $131,000.
f. The company applies manufacturing overhead cost to production using a predetermined rate of $5 per machine-hour. A total of 76,100 machine-hours were used in October.
g. Jobs costIng $510,000 were completed and transferred to FInIshed Goods.
h. Jobs costing $451,000 were shipped to customers. These Jobs were sold on account at 30% 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.
* please help me with h & with requirement 2... thank you!
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