Stonestreet Enterprises makes garage doors. During the month of February, the company had four job orders: 205, 206,207, and 208. Overhead was applied at predetermined rates, while actual factory overhead was recorded as incurred. All four jobs were completed.

(a) Purchased raw materials on account, $44,000.

(b) Issued direct materials to production:

Job No. 205: ....... $8,500

Job No. 206: .......9,600

Job No. 207: .......8,000

Job No. 208: .......9,000

(c) Issued indirect materials to production, $5,700.

(d) Incurred direct labor costs:

Job No. 205: ....... $5,400

Job No. 206: .......4,600

Job No. 207: .......5,200

Job No. 208: .......5,500

(e) Charged indirect Labor to production, $3,400.

(f) Paid electricity, heating oil, and repair bills for the factory and charged to production, $5,300.

(g) Applied factory overhead to each of the jobs using a predetermined factory overhead rate as follows:

Job No. 205: ....... $3,300

Job No. 206: .......3,900

Job No. 207: .......3,300

Job No. 208: .......3,900

(h) Finished Job Nos. 205—208 and transferred to the finished goods inventory account as products L, M, N, and O.

(i) Sold products L, M, N, and O, on account, for $21,000, $20,300, $19,000, and $20,500, respectively.

Required

1. Prepare general journal entries to record transactions (a) through (1).

2. Post the entries to the work in process and finished goods T accounts only.