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June production generated the following octivity in Axle Chassis Company's Wark-in-Process Inventory account: (Click the icon to viow the activity.) Additionaly, Ade has completed Jobs 142 and 143, with total costs of $48,000 and $40,000, respectivoly. Read the requirements. Requiroment 1. Prepore the journal entry foc production completed in June. (Prepare a single journal entry for this event. Record debits first then credits, SNect the oxplanation of the pornal entry table.) (Abbreviation utiod: MOH= manntacturing overthod.) Requirement 3. Prepare the joumal entry to recond the sale on account of Job 143 for 563.000, Also, prepare the journal entry to record Cost of Coods Sold for Job 143. Prepare a singl? June production generated the following activty in Axie Chassis Corrpary's Wark-in-Procoss inventory account: IIPA (Click the icon to view the activity) Additionaly, Ade has completed Jobs 142 and 143 , with total costs of $48,000 and $40,000, respectively. Read the requirements: joumal entry tor this event. Select the explanation on the last line of the journal entry table.) Begh by preparing the entry to rocord the sule on account. Do not record the cost of the sale with this entry. We will do that separatoly in the following step. Data table Now prepare the joumal entry to record Cost of Goods Sold for Job 143. Requirement 4. Whut is the gross profic on Job 143? The gross peot on sob 143 is Baker Company expected to incur $14,000 in manufacturing overhead costs and use 5,000 machine hours for the year. Actual manulacturing overhead was $9,800 and the cempany used 5,150 machine hours. 9. Calculate the predelermined overtead alocation rete using machine hours as the alocation base. 10. How much manulacturing overhead was allocated during the year? 9. Calculate the predetermined tevertead allocrton nate using machine hours as the allocation base. 10. How much manufacturing overhead was allocaled during the year