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

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

Raw materials used in production, $$190,000($$$178,000$ direct materials and $$12,000$ indirect materials$).$

Accrued direct labor cost of $$90,000$ and indirect labor cost of $$110,000.$

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

Other manufacturing overhead costs accrued during October, $$70,000.$

The company applies manufacturing overhead cost to production using a predetermined rate of $$8$ per machine$-$hour. A total of $30,000$ machine$-$hours were used in October.

Jobs costing $$520,000$ were completed and transferred to Finished Goods.

Jobs costing $$480,000$ were shipped to customers. These jobs were sold on account at $25\%$ 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 $$42,000.$