Tyler Tooling Company uses a job order cost system with overhead applied to products on the basis of machine hours. For the upcoming year, the company estimated its total manufacturing overhead cost at $252,400 and total machine hours at 63,100. During the first month of operations, the company worked on three jobs and recorded the following actual direct materials cost, direct labor cost, and machine hours for each job: Job 101 Job 102 Job 103 Direct materials used $10,400 $ 16,500 $ 7,500 $ 5,400 1,800 hours 2,400 hours $ 4,000 $ 5,200 Direct labor Machine hours 900 hours Job 101 was completed and sold for $51,200. Job 102 was completed but not sold. Job 103 is still in process. Actual overhead costs recorded during the first month of operations totaled $16,200. Required: 1. Prepare a journal entry showing the transfer of Job 102 into Finished Goods Inventory upon its completion. 2. Prepare the journal entries to recognize the sales revenue and cost of goods sold for Job 101. 3. Prepare the journal entry to transfer the balance of the Manufacturing Overhead account to Cost of Goods Sold. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round your intermediate calculations.) Journal entry worksheet C D A Record the transfer of completed job 102 to finished goods inventory. Note: Enter debits before credits. Transaction General Journal Debit Credit 01 Record the transfer of the job sold to cost of goods sold account. Note: Enter debits before credits. Transaction General Journal Debit Credit 02.a Journal entry worksheet < A B D Record sales revenue and cash received. Note: Enter debits before credits. Transaction General Journal Debit Credit 02.b Record entry Clear entry View general journal Journal entry worksheet < A Bc D Record the transfer of the manufacturing overhead account balance to cost of goods sold. Note: Enter debits before credits. Transaction General Journal Debit Credit 03 Record entry Clear entry View general journal