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

a$.$ Raw materials purchased on account, $$211,000.$

b$.$ Raw materials used in production; $$189,000($ $$151,200$ direct materials and $$37,800$ 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, $$130,000.$

f$.$ The company applies manufacturing overhead cost to production using a predetermined rate of $$10$ per machine$-$hour. A total of $76,200$ machine$-$hours were used in October.

g$.$ Jobs costing $$510,000$ according to their job cost sheets were completed during October and transferred to Finished Goods.

h$.$ Jobs that had cost $$449,000$ to complete according to their job cost sheets were shipped to customers during the month. 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 that Work in Process has a beginning balance of $$36,000.$

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

Prepare journal entries to record the transactions given above. $($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)$