Required Information [The following information applies to the questions displayed below.] Information on Kwon Manufacturing's activities for its first month of operations follows: a. Purchased $100,400 of raw materials on credit. b. Materials requisitions show the following materials used for the month. Job 201 $ 48,600 Job 202 Total direct materials Indirect materials Total materials used 24,000 72,600 9,020 $ 81,620 c. Time tickets show the following labor used for the month. $ 39,600 Job 201 Job 202 Total direct labor Indirect labor Total labor used 13,000 52,600 24,600 $ 77,200 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 $164,960 on credit. g. Incurred the following actual other overhead costs for the month. Depreciation of factory equipment $ 32,400 Rent on factory building (payable) Factory utilities (payable) Expired factory insurance Total other factory overhead costs 540 840 3,400 $ 37,180 epare journal entries to record the transactions reflected in Items a through g.