Use the date given for each journal entry answer. Skip a line between each dated journal entry. Be sure to write plainly, if I cannot read it I will not attempt to grade it. Put your name on your answer page.

August 2 Purchased 200,000 pounds of raw materials for $20 per pound

August 6 Purchased $30,000 of indirect raw materials

August 10 Requisitioned 100,000 pounds of raw materials into production for Job 456.

August 11 Requisitioned 20,000 pounds of raw materials into production for Job 834.

August 16 Paid factory wages of $78,000 for production employees. $35,000 of the wages were for Job 456 totaling 350 hours at $100 per hour and $45,000 was for Job 834 totaling 450 hours at $100 per hour.

August 12 Used $15,000 of the indirect raw materials

August 20 Received a bill for the factory taxes, $115,000

August 21 Received an invoice for $43,705 for factory supplies

August 23 Received an email with a bill for factory insurance attached, it is due by August 30.

August 13 Applied factory overhead to Job 456 at $10 per direct labor hour for that job.

August 14 Finished Job 456.

August 17 Paid factory wages of $10,500 for janitorial and warehouse employees

August 35 Sold Job 456 for $158,340. It had cost $ 98,000 to produce.