Please prepare journal entries to record items (a) through (f).

Dillon Products manufactures various machined parts to customer specifications. The company uses a job-order costing system and applies overhead cost to jobs on the basis of machine-hours. At the beginning of the year, the company used a cost formula to estimate that it would incur $4,339,600 in manufacturing overhead cost at an activity level of 571,000 machine-hours, The company spent the entire month of January working on a large order for 12,400 custom-made machined parts. The company had no work in process at the beginning of January Cost data relating to January follow es a. Raw materials purchased on account, $321,000 b. Raw materials used in production, $250,000 (80% direct materials and 20% indirect materials), c. Labor cost accrued in the factory, $174,000 (one-third direct labor and two-thirds indirect labor) d. Depreciation recorded on factory equipment, $63,800. e Other manufacturing overhead costs incurred on account, $85,800 1. Manufacturing overhead cost was applied to production on the basis of 40,650 machine-hours actually worked during the month g. The completed job for 12,400 custom-made machined parts was moved into the finished goods warehouse on January 31 to await delivery to the customer . (In computing the dollar amount for this entry, remember that the cost of a completed job consists of direct materials, direct labor, and applied overhead) Transaction General Journal Debit Credit a. Record entry Clear entry View general journal