Journal entry one is given.

Journal entry 2 record the raw materials used in production, 189,000 (151,200 direct materials and 37,800 indirect materials).

Journal entry 3 record the entry for accrued direct Labor costs incurred, 50,000; indirect Labor cost incurred, 22,000.

Journal entry 4 depreciation recorded on factory equipment, 105,000.

Journal entry 5 other manufacturing overhead costs accrued during October, 130,000.

Journal entry 6 The company applies manufacturing overhead cost to production on the basis of 6$ per machine hour. A total of 76,200 machine hours were recorded for October.

Journal entry 7 Jobs costing $511,000 according to their job cost sheets were completed during October and transferred to finished goods.

Journal entry 8 Record the cost of goods sold.

Journal entry 9 Record the sales on account.

The Polaris Company uses a job-order costing system. The following transactions occurred in October 2.5 points eBook a. Raw materials purchased on account, $209,000 b. Raw materials used in production, $189,000 ($151,200 direct materials and $37,800 indirect materials). c. Accrued direct labor cost of $50,000 and indirect labor cost of $22,000. d. Depreciation recorded on factory equipment, $105,000 e. Other manufacturing overhead costs accrued during October, $130,000 The company applies manufacturing overhead cost to production using a predetermined rate of $6 per machine-hour. A total of 76,200 machine-hours were used in October 9. Jobs costing $511,000 according to their job cost sheets were completed during October and transferred to Finished Goods h. Jobs that had cost $448,000 to complete according to their job cost sheets were shipped to customers during the month. These jobs were sold on account at 38% above cost. Print References Required: 1. Prepare journal entries to record the transactions given above. 2. Prepare T-accounts for Manufacturing Overhead and Work in Process Post the relevant transactions from above to each account. Compute the ending balance in each account, assuming that Work in Process has a beginning balance of $34,000 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare journal entries to record the transactions given above. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) Required 1 Required 2 Prepare journal entries to record the transactions given above. (If no entry is required for a transaction/e required" in the first account field.) View transaction list Journal entry worksheet 2 3 4 5 6 7 8 9 Raw materials purchased on account, $209, Note: Enter debits before credits e credits. Credit General Journal Raw materials Accounts payable Debit 209,000 a. 209,000 0 39 TL 1 Required 1 Required 2 Prepare T-accounts for Manufacturing Overhead and Work in process. Post the relevant transactions from above to each account balance in each account, assuming that Work in Process has a beginning balance of $34,000. Manufacturing Overhead Work in Process Beg. Bal. End. Bal End Bal