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The Polaris Company uses a job-order costing system. The following transactions occurred in October: a. Raw materials purchased on account, $209,000 b. Raw materials used in production. $190.000 (5152,000 direct materials and $38,000 Indirect materials). c. Accrued direct labor cost of $50,000 and indirect labor cost of $22,000 d. Depreciation recorded on factory equipment, $104.000. e. Other manufacturing overhead costs accrued during October, $130,000, f. The company applies manufacturing overhead cost to production using a predetermined rate of $5 per machine-hour. A total of 76,200 machine-hours were used in October g. Jobs costing $512,000 according to their job cost sheets were completed during October and transferred to Finished Goods h. Jobs that had cost $452,000 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. 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 $33,000. 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 feld) View transaction list Journal entry worksheet 1 2 3 5 6 7 8 9 > Raw materials purchased on account, $209,000 Note: Enter debits before credits Transaction General Journal Debit Credit . Record entry Clear entry View general Journal Complete this question by entering your answers in the tabs below. Required 1 Required 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 $33,000. Manufacturing Overhead Work in Process Beg bol Beg bat End, bal End. Dat