Please complete exercise 2.8. Identify formula used and show all of your work.

E2.8 (LO 1, 2, 3, 4), AP Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter's production Prepare entries for manufacturing and nonmanufacturing costs. 1. Materials purchased on account $192,000, and factory wages incurred $87,300. 2. Materials requisitioned and factory labor used by job: Job Number A20 A21 A22 Materials $ 35,240 42,920 36,100 39,270 4,470 $158,000 Factory Labor $18,000 22,000 15,000 25,000 7,300 $87,300 A23 General factory use 3. Manufacturing overhead costs incurred on account $49,500 4. Depreciation on factory equipment $14,550. 5. Depreciation on the company's office building was $14,300. 6. Manufacturing overhead rate is 90% of direct labor cost. 7. Jobs completed during the quarter: A20, A21, and A23. Instructions Prepare entries to record the operations summarized above. Prepare a schedule showing the individual cost elements and total cost for each job in item 7