King Tool is a machine shop that uses job order costing Overhead is applied to individual jobs at a predetermined rate based on direct labor costs. The following is a job cost sheet for job no. 321 JOB COST SHEET JOD NUMBERT 321 PRODUCTE 2 Brass Check Valves UNITS COMPLETED 5.000 Direct materials used Direct labor Manufacturing overhead applied Total cost of job no. 321 Unit cost ($11,700 - 5,000 units) DATE STARTED: May 10 DATE COMPLETED: May 21 $ 7,600 1. 100 3.000 $11,700 $ 2.34 a. Summarize the manufacturing costs charged to job no. 321. (Use one compound entry) b. Record the completion of job no. 321. c. Record the credit sale of 2,000 units from job no. 321 at a unit sales price of $10. Record in a separate entry the related cost of goods sold. Prepare general journal entries to the above statements: (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 Record the manufacturing costs incurred on job no. 321