2. Allenton Company is a manufacturing firm that uses job-order costing. The company applies overhead to jobs using a predetermined overhead rate based on machine-hours. At the beginning of the year, the company estimated that it would work 31,000 machine-hours and incur $252,650 in manufacturing overhead cost. The following transactions were recorded for the year: a. Raw materials were purchased, $412,176.on acok (AP) b. Raw materials were requisitioned for use in production, $409,850 (5388,400 direct and $21.450 indi- rect). c. The following employee costs were incurred: direct labor, $145.216; indirect labor, $61,356 and ad- ministrative salaries, $198.450. d. Factory utility costs, $14,823. e. Depreciation for the year was $121,000 of which $114.000 is related to factory operations and $7.000 is related to selling, general, and administrative activities. 1. Manufacturing overhead was applied to jobs. The actual level of activity for the year was 29,071 ma- chine-hours (Hint: you need to compute a predetermined overhead rate to apply overhead). g. The cost of goods manufactured for the year was $783,075. h. Sales for the year totaled $1,107,000 and the costs on the job cost sheets of the goods that were sold totaled $768,990. (AR) en OGS in DC DC Required (4 Points): Prepare the appropriate journal entry for each of the items above