Frontier Inc.has provided the following information for the year ended 20x8:
a.Purchased raw materials on account for $240,000.
b.Issued $230,000 in raw materials to production ($32,000 were not traceable to specific jobs).
c.Incurred $242,000 in direct labor costs (24,120 hours)and $92,500 in supervision costs (paid in cash).
d.Incurred the following additional manufacturing overhead costs: factory utilities $24,000 (paid in cash);depreciation on equipment $45,000;indirect supplies $17,500 (paid in cash).
e.Incurred the following nonmanufacturing costs,both paid in cash: advertising $75,000;sales salaries $88,000.
f.Applied manufacturing overhead to jobs in process at a rate of $9 per direct labor hour.
g.Completed jobs costing a total of $644,000.
h.Sold jobs for $856,000 on account.The cost of the jobs was $642,000.
i.Closed the manufacturing overhead account balance.
Prepare the journal entries to record these transactions.

Question

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The Answer of Frontier Inc.has provided the following information for the year ended 20x8:
a.Purchased raw materials on account for $240,000.
b.Issued $230,000 in raw materials to production ($32,000 were not traceable to specific jobs).
c.Incurred $242,000 in direct labor costs (24,120 hours)and $92,500 in supervision costs (paid in cash).
d.Incurred the following additional manufacturing overhead costs: factory utilities $24,000 (paid in cash);depreciation on equipment $45,000;indirect supplies $17,500 (paid in cash).
e.Incurred the following nonmanufacturing costs,both paid in cash: advertising $75,000;sales salaries $88,000.
f.Applied manufacturing overhead to jobs in process at a rate of $9 per direct labor hour.
g.Completed jobs costing a total of $644,000.
h.Sold jobs for $856,000 on account.The cost of the jobs was $642,000.
i.Closed the manufacturing overhead account balance.
Prepare the journal entries to record these transactions.