Please include Excel formulas if applicable.

Grayson Company is a manufacturer that uses a job order cost system. The following data summarize the operations related to production for January, the first month of operations: a. Purchased 400 units of materials at $14 per unit on account. b. Requisitioned materials for production as follows: 200 units for Job 101 at $12 per unit. 300 units for Job 102 at $14 per unit. Accumulated direct labor cost as follows: C. 700 hours of direct labor on Job 101 at $16 per hour. 600 hours of direct labor on Job 102 at $12 per hour. d. Incurred factory overhead costs as follows: indirect materials, $800; indirect labor, $3,400; utilities cost, $1,600; and factory depreciation, $2,500. Journalize the entries to record these transactions. sible website, in whore or in part Ma Isa

Grayson Company is a manufacturer that uses a job order cost system. The following data summarize the operations related to production for January, the first month of operations: a. Purchased 400 units of materials at $14 per unit on account. b. Requisitioned materials for production as follows: - 200 units for Job 101 at $12 per unit. - 300 units for Job 102 at $14 per unit. c. Accumulated direct labor cost as follows: - 700 hours of direct labor on Job 101 at $16 per hour. - 600 hours of direct labor on Job 102 at $12 per hour. d. Incurred factory overhead costs as follows: indirect materials, $800; indirect labor, $3,400; utilities cost, $1,600; and factory depreciation, $2,500. - Journalize the entries to record these transactions