Seved CH15 - CONNECT ASSIGNMENT 4 Exercise 15-6 Recording events in job order costing LO P1, P2, P3, P4 10 points Skipped Prepare summary Journal entries to record the following transactions for a company in its first month of operations, a. Raw materials purchased on account, $90,000. b. Direct materials used in production, $36,500 Indirect materials used in production. $19,200 c. Pald cash for factory payroll, $50,000 of this total, $38,000 is for direct labor and $12,000 is for indirect labor. d. Pald cash for other actual overhead costs $11,475 e. Applied overhead at the rate of 125% of direct labor cost. 1. Transferred cost of jobs completed to finished goods. $56,800. 91. Jobs that had a cost of $56,800 were sold. 92. Sold Jobs on account for $82,000. elook Hint View transaction list Deferences Journal entry worksheet 2 1 4 5 6 7 8 9 Record raw materials purchased on account Note Enter debits before credits Transaction General Journal Debit Credit MC Hill Graw 4 91. Jobs that had a cost of $56,800 were sold. 92. Sold jobs on account for $82,000. View transaction list 10 points Skloped Journal entry worksheet 1 2 3 4 5 6 7 8 9 eBook Record raw materials purchased on account. Hint Note: Enter debits before credits Transaction References General Journal Debit Credit 3 Accounts payable Accounts receivable Cash Cost of goods sold Factory overhead Ellebot annan Record en View general Journal CH.15 - CONNECT ASSIGNMENT Saved 4 91. Jobs that had a cost of $56,800 were sold. g2. Sold Jobs on account for $82,000. View transaction list 10 points Skipped Journal entry worksheet