Eatern and Sons ltd accounts for its manufacturing costs using a job order costing system and has provided the following production data during June 2013

Job Z241 was in process as of 1 June with a cost of $22,00

The purchase of raw materials on credit during the month amounted to $72,000. Raw materials requisitioned were charged to the following.

Job Z241 $17,500

Job Z242 $15,000

Job Z243 $23,500

Indirect materials 9,000

Payroll of $78,000 was incurred. Each worker earns $12,00 per hour.

The factory payroll was distributed as follows:

Job Z241 $21,000

Job Z242 $25,500

Job Z243 $22,500

Indirect labor 8,500

Additional factory overhead costs incurred during the month were $11,200(assume that accounts payable was credited for $8,600 and the rest was for accumulated depreciation of factory equipment).

Factory overhead is applied at $4.60 per direct labor hour

Job Z241 and Z242 were completed and transferred to finished goods

Job Z241 was sold at a mark-up of 50% over cost

The begining raw materials were $22,000

Required:

A. Prepare the general journal entries to record the June 2013 transactions.

B . Determine the balances of raw materials inventory and work in process inventory accounts at the end of June 2013.