Given information below answer the questions. worked on Jobs 2525, 2526, 2527, and 2528. The following figures

Given information below answer the questions.

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worked on Jobs 2525, 2526, 2527, and 2528. The following figures summa- rize the cost records for the month: ad ilivy bor Baldw to Job 2525 doubl blas dev to (200 units) Job 2526 Job 2527 (120 units) (50 units) Job 2528 (200 units) Direct materials put into production: ita ab toid July 2....... 18....... 22...... 28...... $ 30,000 $10,000 (8585 - L) dinom- 40,000 32,000 $10,000 30,000 2,000 20,000 $12,000 - - 7,000 Junio 4,000 Direct labor cost (week ending): 1008 dal alainotsM 203 dol July 2...... $ 2,000 $ 2,000 000.095 000 OST 2 0000812 .007 asag 9...... 54,000 18,000 000 000,00 000 16....... 64,000 54,000 000 AFT 000.25 000 23....... 40,000 6,000 $10,000 $ 1,000 00013 000.rs 000.BS 000.8 30.... 36,000 23,000 000,TAT 000.0PS 000 0182 Factory overhead.. $120,000 $64,000 $35,000 $21,000 Engines completed...... 100 60 25 gollbubong of beuzai elshets fo to Jeg erT Jobs 2525 and 2526 have been completed and delivered to the custo- mers at a total selling price of $852,000, on account. Job 2527 is finished but has not yet been delivered. Job 2528 is still in process. There were no materials or work in process inventories at the beginning of the month. Material purchases were $220,000, and there were no indirect materials used during the month. Required: 19 ni hoW 1. Prepare a summary showing the total cost of each job completed during the month or in process at the end of the month. 2. Prepare the summary journal entries for the month to record the distri- bution of materials, labor, and overhead costs. 3. Determine the cost of the inventories of completed engines and engines in process at the end of the month. 4. Prepare the journal entries to record the completion of the jobs and the sale of the jobs.coppe 5. Prepare a statement of cost of goods manufactured. worked on Jobs 2525, 2526, 2527, and 2528. The following figures summa- rize the cost records for the month: ad ilivy bor Baldw to Job 2525 doubl blas dev to (200 units) Job 2526 Job 2527 (120 units) (50 units) Job 2528 (200 units) Direct materials put into production: ita ab toid July 2....... 18....... 22...... 28...... $ 30,000 $10,000 (8585 - L) dinom- 40,000 32,000 $10,000 30,000 2,000 20,000 $12,000 - - 7,000 Junio 4,000 Direct labor cost (week ending): 1008 dal alainotsM 203 dol July 2...... $ 2,000 $ 2,000 000.095 000 OST 2 0000812 .007 asag 9...... 54,000 18,000 000 000,00 000 16....... 64,000 54,000 000 AFT 000.25 000 23....... 40,000 6,000 $10,000 $ 1,000 00013 000.rs 000.BS 000.8 30.... 36,000 23,000 000,TAT 000.0PS 000 0182 Factory overhead.. $120,000 $64,000 $35,000 $21,000 Engines completed...... 100 60 25 gollbubong of beuzai elshets fo to Jeg erT Jobs 2525 and 2526 have been completed and delivered to the custo- mers at a total selling price of $852,000, on account. Job 2527 is finished but has not yet been delivered. Job 2528 is still in process. There were no materials or work in process inventories at the beginning of the month. Material purchases were $220,000, and there were no indirect materials used during the month. Required: 19 ni hoW 1. Prepare a summary showing the total cost of each job completed during the month or in process at the end of the month. 2. Prepare the summary journal entries for the month to record the distri- bution of materials, labor, and overhead costs. 3. Determine the cost of the inventories of completed engines and engines in process at the end of the month. 4. Prepare the journal entries to record the completion of the jobs and the sale of the jobs.coppe 5. Prepare a statement of cost of goods manufactured.