The Polaris Company uses a job-order costing system. The following transactions occurred in October: a. Raw materials purchased on account, $210,000.
b. Raw materials used in production, $191,000 ($152,800 direct materials and $38,200 indirect materials).
c. Accrued direct labor cost of $49,000 and indirect labor cost of $21,000.
d. Depreciation recorded on factory equipment, $104,000.
e. Other manufacturing overhead costs accrued during October, $129,000.
f. The company applies manufacturing overhead cost to production using a predetermined rate of $7 per machine-hour. A total of 76,100 machine-hours were used in October.
g. Jobs costing $513,000 according to their job cost sheets were completed during October and transferred to Finished Goods.
h. Jobs that had cost $450,000 to complete according to their job cost sheets were shipped to customers during the month. These jobs were sold on account at 32% above cost.

Required:
a. Prepare journal entries to record the transactions given above.
b. Prepare T-accounts for Manufacturing Overhead and Work in Process.

Journal entries are given below

Explanation:

We should always record the assets and expenses on the debit side of the account and liabilities and capital on the credit side of the account.

a. Raw materials purchased

Account                             DEBIT         CREDIT

Raw material                     210,000

Payables                                                    210,000

b. Raw materials used in production

Account                                   DEBIT         CREDIT

Work in process inventory     152,800

Manufacturing Overhead       38,200

Raw material                                                  191,000

c. Accrued direct labor cost

Account                                     DEBIT         CREDIT

Work in process                       49,000

Manufacturing Overhead         21,000

Wages payable                                              70,000

d. Depreciation recorded on factory equipment

Account                                      DEBIT         CREDIT

Depreciation                             104,000

Accumulated depreciation                            104,000

e. Other manufacturing overhead

Account                                    DEBIT         CREDIT

Manufacturing Overhead      129,000

Account payable                                            129,000

f. The company applies manufacturing overhead cost to production

Account                                     DEBIT         CREDIT

Work in process inventory     532,700

(76,100 x $7)

Manufacturing Overhead                             532.700

g. Job cost sheets were completed

Account                                       DEBIT         CREDIT

Finished goods inventory        513,000

Work in process inventory                              513,00

h. Job cost sheets were shipped to customers

Account                                      DEBIT          CREDIT

Cost of goods sold                    450,000

Finished goods inventory                              450,000

i think it is sales-oriented, but i am not sure

answer/// the grapefruit that guarantees you will loss five pounds a week;