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Use the following information to answer questions. (Algo) [The following information opplies to the questions...

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Accounting

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Use the following information to answer questions. (Algo) [The following information opplies to the questions displayed below.] Information on Kwon Manufacturing's activities for its first month of operations follows: a. Purchased $101,900 of raw materials on credit. b. Materials requisitions show the following materials used for the month. c. Time tickets show the following labor used for the month. d. Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate of 80% of direct materials cost. e. Transferred Job 201 to Finished Goods Inventory. f. Sold Job 201 for $169,460 on credit. g. Incurred the followina actual other overhead costs for the month. Record materials purchases. Record direct materials used. Record indirect materials used. 4 Record direct labor used. 5 Record indirect labor used. 6 Record overhead applied to jobs at the rate of 80% of direct materials cost. 7 Record the completion of Job 201. 8 Record the sale of job 201 on credit. 9 Record the cost of job 201. 10 Record other actual factory overhead costs. Note: journal entry has been entered

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