During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw materials $5,700 on account, factory labor $6,300 of which $5,500 relates to factory wages payable and $800 relates to payroll taxes payable, and factory utilities payable $2,700. Prepare separate journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Jan. 31 Raw Materials Inventory Account Titles and Explanation 31 (b) Accounts Payable (To record purchase of raw materials on account) (c) Factory Labor 31 Factory Wages Payable Employer Payroll Taxes Payable (To record factory labor costs) Manufacturing Overhead (b) Direct materials Direct labor (c) Utilities Payable Manufacturing overhead (To record entry for utilities payable) Milner Company is working on two job orders. The job cost sheets show the following. Job 201 Job 202 $7,250 $8,900 3,950 8,250 5.250 9,800 No. Account Titles and Explanation (a) Work in Process Inventory Raw Materials Inventory (To assign materials to jobs) Work in Process Inventory Factory Labor (To assign labor to jobs) Work in Process Inventory Manufacturing Overhead (To assign overhead to jobs) Prepare the three summary entries to record the assignment of costs to Work in Process from the data on the job cost sheets. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Finished Goods Inventory Work in Process Inventory (To record completion of Jobs 310 and 312) Accounts Receivable Sales Revenue Debit (To record sale of Job 312) During the current month, Standard Corporation completed Job 310 and Job 312. Job 310 cost $72,500 and Job 312 cost $49,500. Job 312 was sold on account for $87,500. Cost of Goods Sold Journalize the entries for the completion of the two jobs and the sale of Job 312. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Finished Goods Inventory 5400 Debit (To record cost of goods sold for Job 312) 6700 2100 Debit Credit 5400 5900 800 Credit 2100 Credit