Problem 3: Complete journal entries for the transactions below. Then, show the manufacturing OH T-account.

Juvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that is recorded during a recent month is shown below.

a. $94,000 in raw materials were purchased for cash.

b. $89,000 in raw materials were used in production. Of this amount, $78,000 was for direct materials and the remainder was for indirect materials.

c. Total labor wages of $132,000 were incurred and paid. Of this amount, $112,000 was for direct labor and the remainder was for indirect labor.

d. Additional manufacturing overhead costs of $143,000 were incurred and paid.

e. Manufacturing overhead of $152,000 was applied to production using the company's predetermined overhead rate.

f. All of the jobs in process at the end of the moth were completed.

g. All of the completed jobs were shipped to customers.

h. Any underapplied or overapplied overhead for the period was closed to Cost of Goods Sold.