Vaughan Company has been in business for many years. At the beginning of this year, there is 1 job (Job 86) in process. At the end of last year, costs for job 86 totaled $10,000. Vaughan Company uses a predetermined FOH rate to allocate FOH. At the beginning of this year there are 2 jobs in finished goods, Job #84 at a cost of $46,000 and Job #85 at a cost of 36,000. Raw Materials has a beginning balance of $14,000. Job 87 and 88 were started this year. Prepare the journal entries for the following transactions that occurred during the year: (a) Vaughan purchased $75,000 of raw materials on account. a) [ Select) 75,000 [Select 75,000 b) Direct Material used for each job was: Job #86 Job #87 $ 15,000 $ 20,000 $ 30,000 Job #88 b) [Select) 65,000 [Select 65,000 c) $2.000 of indirect materials were requisitioned in the factory this year. [ Select) 2,000 [Select) 2.000 d) Direct Labor used for each job was: Job #86 Job #87 $ 2,000 $ 11,000 $ 15,000 Job #88 d) [Select) 28,000 [ Select 28,000 [Select) 28.000 [Select) 28,000 e) $26,000 of indirect labor was used in the factory this year. [Select] 26,000 [ Select) 26,000 Select ] 26,000 [ Select 26.000 f) Factory depreciation for its equipment was $4,000. f) [ Select 4,000 [Select] 4,000 g) Other actual FOH used was $63,000. (all on account) g) Select) 63,000 [Select) 63,000 h) FOH is applied based on a predetermined FOH rate. Estimated FOH for the year was expected to be $81,600 and estimated machine hours (MH) (the cost driver) were expected to be 24,000. During the year, 25,000 machine hours were actually used. Prepare the journal entry to apply FOH this year. Job #86 3,000 MH Job #87 8,000 MH Job #88 14,000 MH h) [Select] [Select) [Select [Select] i) Job #86 and Job #87 were completed. The cost of Job #86 is (Select] and the cost of Job #87 is [ Select Prepare the journal entry to transfer the completed units. b) [Select ] [Select) [Select) [ Select ] i) Job #84, #85 and #86 were sold for $190,000 on account. [Select [ Select