The following events occurred over the course of a year at Concord Corp., which uses a job order costing system:

1.	Direct materials purchases totaled $584,000. Concord Corp tracks its direct materials separately from its indirect materials. Purchases were made on account.
2.	$131,000 of indirect materials were used in production. Concord uses a separate Supplies Inventory account for indirect materials.
3.	$555,000 of direct materials were used in production.
4.	The direct labor payroll was $791,000 (credit Wages Payable).
5.	Other manufacturing overhead costs incurred during the year totaled $670,000.
6.	Concord applies overhead based on a predetermined overhead rate of $22 per machine hour. The company used 50,000 machine hours during the year.
7.	During the year, Concord transferred goods costing $2,410,000 into the Finished Goods Inventory account.
8.	Concord sold products with a manufacturing cost of $2,398,000 to customers during the year.

Prepare journal entries to record these events. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Post entries in order presented in the problem.)

No.	Account Titles and Explanation	Debit	Credit
1.	enter an account title to record purchase of direct materials	enter a debit amount	enter a credit amount
	enter an account title to record purchase of direct materials	enter a debit amount	enter a credit amount
	(To record purchase of direct materials)
2.	enter an account title to record use of indirect materials in production	enter a debit amount	enter a credit amount
	enter an account title to record use of indirect materials in production	enter a debit amount	enter a credit amount
	(To record use of indirect materials in production)
3.	enter an account title to record use of direct materials in production	enter a debit amount	enter a credit amount
	enter an account title to record use of direct materials in production	enter a debit amount	enter a credit amount
	(To record use of direct materials in production)
4.	enter an account title to record direct labor payroll	enter a debit amount	enter a credit amount
	enter an account title to record direct labor payroll	enter a debit amount	enter a credit amount
	(To record direct labor payroll)
5.	enter an account title to record actual manufacturing overhead	enter a debit amount	enter a credit amount
	enter an account title to record actual manufacturing overhead	enter a debit amount	enter a credit amount
	(To record actual manufacturing overhead)
6.	enter an account title to record applied manufacturing overhead	enter a debit amount	enter a credit amount
	enter an account title to record applied manufacturing overhead	enter a debit amount	enter a credit amount
	(To record applied manufacturing overhead)
7.	enter an account title to record transfer of completed goods to finished goods inventory	enter a debit amount	enter a credit amount
	enter an account title to record transfer of completed goods to finished goods inventory	enter a debit amount	enter a credit amount
	(To record transfer of completed goods to Finished Goods Inventory)
8.	enter an account title to record cost of goods sold for the period	enter a debit amount	enter a credit amount
	enter an account title to record cost of goods sold for the period	enter a debit amount	enter a credit amount
	(To record cost of goods sold for the period)