Information on Kwon Manufacturing's activities for its first month of operations follows: a. Purchased $100,400 of...

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Information on Kwon Manufacturing's activities for its first month of operations follows: a. Purchased $100,400 of raw materials on credit. b. Materials requisitions show the following materials used for the month. Job 201 Job 202 Total direct materials Indirect materials Total materials used $ 48,600 24,000 72,600 9,020 $ 81,620 c. Time tickets show the following labor used for the month. Job 201 Job 202 $ 39,600 13,000 Total direct labor 52,600 Indirect labor 24,600 $ 77,200 Total labor used d. Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate of 80% of direct materials cost. e. Transferred Job 201 to Finished Goods Inventory. f. Sold Job 201 for $164,960 on credit. g. Incurred the following actual other overhead costs for the month. Depreciation of factory equipment Rent on factory building (payable) Factory utilities (payable) Expired factory insurance Total other factory overhead costs $ 32,400 540 840 3,400 $ 37,180 1. Prepare a job cost sheet for Job 201 and for Job 202 for the month. 2. Compute gross profit on the sale of Job 201. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a job cost sheet for Job 201 and for Job 202 for the month. Materials Labor Overhead Total cost Job Number Job Number 201 202 $ S Compute gross profit on the sale of Job 201. Gross Profit Job 201 Information on Kwon Manufacturing's activities for its first month of operations follows: a. Purchased $100,400 of raw materials on credit. b. Materials requisitions show the following materials used for the month. Job 201 Job 202 Total direct materials Indirect materials Total materials used $ 48,600 24,000 72,600 9,020 $ 81,620 c. Time tickets show the following labor used for the month. Job 201 Job 202 $ 39,600 13,000 Total direct labor 52,600 Indirect labor 24,600 $ 77,200 Total labor used d. Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate of 80% of direct materials cost. e. Transferred Job 201 to Finished Goods Inventory. f. Sold Job 201 for $164,960 on credit. g. Incurred the following actual other overhead costs for the month. Depreciation of factory equipment Rent on factory building (payable) Factory utilities (payable) Expired factory insurance Total other factory overhead costs $ 32,400 540 840 3,400 $ 37,180 1. Prepare a job cost sheet for Job 201 and for Job 202 for the month. 2. Compute gross profit on the sale of Job 201. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a job cost sheet for Job 201 and for Job 202 for the month. Materials Labor Overhead Total cost Job Number Job Number 201 202 $ S Compute gross profit on the sale of Job 201. Gross Profit Job 201