a. b. C. 1. Prepare journal entries in proper format for Starwood Company. Debit Account Name Credit Starwood Company purchases $650,000 in materials on account. Account Name Debit Credit Starwood Company incurs $275,000 in factory labor costs paid in cash. Account Name Debit Credit Starwood Company's manufacturing overhead consisted of depreciation on equipment for $275,000 and miscellaneous costs of $135,000 incurred on account d. Account Name e. Debit Credit Starwood Company assigns materials to production: $245,000 for Job 101, $190,000 for Job 102, and $105,000 for general use. Account Name Debit Credit Starwood Company assigns labor to production : $135,000 for Job 101, $95,000 for Job 102, and $45,000 for general use f. Account Name Debit Credit Compute applied manufacturing overhead as 200% of direct labor costs. Record entry for applied manufacturing overhead. 2. Complete the Job Cost Worksheets for Job 101 and Job 102: Job 101 - Job Cost Worksheet Job 102 - Job Cost Worksheet Job 101 Job 102 DM DM DL DL Applied MOH Applied MOH Total Total *Tip: Enter the product costs for Job 101 and Job 102 from the d. entry (DM), e. entry (DL), and f. entry (applied MOH). Product Costs Product Costs