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Complete this question by entering your answers in the tabs below. Prepare a scheduie of cost of goods manufactured. troya tabrikker A/S of Bergen, Norway, manufactures specialty heavy equipment tor use in North Sea oil tields. I he company uses a job-order costing system that applies manufacturing overhead cost to jobs based on direct labor-hours. Its predetermined overhead fate was based on a cost formula that estimated $372,000 of manufacturing overhead for an estimated allocation base of 1,200 direct. labor-hours. The following transactions occurred during the year: a. Raw materials purchased on account. $240,000 b. Raw materials used in production fall direct materials) $225.000 c. Utility bills incurred on account. $67,000 (95\% related to factory operations, and the remainder refated to selling and administrative activittes) d. Accrued salary and wage costs: e. Maintenance costs incurred on account in the factory. $62,000 1. Advertising costs incurred on account $144,000. 9. Depreciation recorded for the yeat, $80,000 ( 85% related to factory equipment, and the remainder related to selling and administrative equipment). h. Rental cost incurred on account, $105,000 ( 90% refated to factory facilities, and the remainder related to selling and administrative facilities). 1. Manufacturing overhead cost applied to jobs, $ ? 1. Cost of goods manufactured, $850,000. k. Sales for the year (all on account) totaled $1,600,000. These goods cost $880,000 according to their job cost sheets. The beginning balances in the inventory accounts were: Complete this question by entering your answers in the tabs below. Prepare on income statement. Journal entry worksheet Record the entry to close any balance in the manufacturing overhead account to cost of goods sold. Note: Enter debits before credits