Problem 2: Job Costing (3 + 4 + 6+ 2 + 4 = 19 points) Requisitioned materials for production are as follows: 850 sq.ft. for Job 101 at $18 per sq.ft. 1,520 sq.ft. for Job 102 at $12 per sq.ft. Accumulated direct labor costs as follows: 750 hours of direct labor on Job 101 at $22 per hour 1,120 hours of direct labor on Job 102 at $17 per hour Direct labor hours Units produced Job 101 750 500 Job 102 1,120 1,300 Required: A. Using the information provided, determine i) The pre-determined factory overhead rate: per hour ii) The amount of factory overhead applied to: Job 101: Job 102: B Prepare the Job Cost Sheets for Job 101 and 102. Calculate the unit costs for Job 101 and 102. Cost components Job 101 Job 102 $ $ C Prepare the journal entries for the total requisition of direct materials and the assignment of direct labor and the allocation of factory overhead during January. Wages are not yet paid. Accounts Debit Credit Total requisition of Direct materials Assignment of direct labor Allocation of MOH D. Journalize the completion of the Job 101 and 102. Accounts Debit Credit Completion of Job 101 and 102 E. Journalize the sale of Job 102 at a selling price of $75 per unit on account. Accounts Debit Credit Recording sales Delivery of Job 102 to customer