The Polork Company uses a job-onder costing system. The following transoctions occurted in October: a. Raw materfals porchosed on eccount, 5210000 b. Raw materiol used in production, $189,00015151200 direct materials and $37,800 ind irect materials). c. Accrued ditect labor cost of $50,000 and insirect lobor cost of $20,000. d. Deprecietion recorded on factory equipment, 5104,000 . e. Other manuhacturing owechesd costs aceried during October, $130,000. f. The company applies manufacturing overhtad cott to production using a predetermined rote of $9 per machine-hour. A total of 76.900 mechine hours were used in Octobec 9. Jobs costing $5 t1,000 according to their job cost sheets were completed during October and trarsferred to finkhed Goods. h. Jobs that hed cost $450000 to complete according to their job cost sheets were shipped to customers during the month. These jobs were sold on account at 2516 above cost. Required: 1. Prepsie journal entules to record the transactions piven obove. 2. Prepare T-occounts for Manufacturing Gverthead and Work in Process. Post the relevant transactions from above to each account. Compute the ending baiance in each account, assuming that Woek in Process has 6 begirning bolance of 537000 Complete this question by entering your answers in the tabs below. Prepare T-accounts for Marufacturing Cverhesd and Wexk in Frocess, Post the relewant transactiont from above to each account, Compeite the ending baliance in tash matrount, askuming that Work in roceses has a beginning balance of $37,060