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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 $4,192,500 in manufacturing overhead cost at an activity level of 559,000 machine-hours. The company spent the entire month of January working on a large order for 12,400 custom-made machined parts. The company ha no work in process at the beginning of January. Cost data relating to January follow: a. Raw materials purchased on account, $321,000T b. Raw materials used in production, $266,000 (80% direct materials and 20% indirect materials) c. Labor cost accrued in the factory, $168,000 (one-third direct labor and two-thirds indirect labor) d. Other manufacturing overhead costs incurred on account, $85,100. Required: Prepare journal entries to record items (a) through (d). Complete the question by entering your answers in the tabs below. Required 1 Il File Prepare journal entries to record items (a) through (6) above [ignore item (9) for the moment). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations.) View transaction list Journal entry worksheet 1 2 3 4 Raw materials purchased on account, $321,000. Note: Enter debits before credits. Transaction General Journal Debit Credit a Journal entry worksheet

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