1:46 LTE Chapter 16 Assignment 2 Spring 20... Accounting 2120 Chapter 16-Job Order Costing Assignment 2 I. Instructions: Journalize cach event below: a. Purchased material on account. S225,000: paid 30% and the remainder is on account b. Purchased material costing. S150,000; paid 10% and remainder is on account c. Factory Overhead Costs include: Insurance (prepaid), S1,500 Depreciation, $2,500: Utilities, S1,300; Indirect Materials, 5800: Factory Maintenance (paid), SS50, Factory Rent (prepaid). 55,000: Repairs (charge to ap). $500 nhand der d. Use this job cost sheet for items i, ii, and in Direct Satul Direct Laboratory Overhead 1. Materials requisitioned: $150,000: 140.000 was direct material and the remainder was indirect material: S45,000 of the material was for job 201; ** Record the necessary journal entry AND update Job 201 Dane Dede