Timmy's company manufactures widgets. One of their clients requested some special custom widgets, which was labeled as Job ID #112 and requires 8,300 direct labor hours. The following transactions were recorded for the year: - Purchased $151,200 of raw materials using cash. - Raw materials including direct materials $224,100 and indirect materials $69,000 were put into production. - The company incurred $254,400 for direct labor and $121,000 for indirect labor. - During the period, the company has also incurred the following factory costs: $69,900 for utilities and $25,900 for supplies - The company recognized $23,900 in depreciation of factory equipment - $804,600 of the job was completed by the end of the period. - The company allocated overhead cost to the job on the basis of direct labor hours worked. For the current year, the company estimated that it would require 12,200 direct labor hours and incur $244,000 of manufacturing overhead. - The widgets were sold on account for $1,635,700. The cost to manufacture these products was $1,312,600. Do not enter dollar signs or commas in the input boxes. Round the predetermined overhead to 2 decimal places. Round all other answers to the nearest whole number. Job #112 costing card: Mat: $ Lab: $ Job #112 costing card Mat: $ Lab: 5 MOH: Total: 5 b) Complete the following manufacturing journal entries representing job order costing, Date Account Title and Explanation Debit Credit 1 Raw Materials To record purchase of raw materials with cash 2 WIP Manufacturing Overhead