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Old School Publishing Inc. began printing operations on January1. Jobs 301 and 302 were completed during the month, and all costsapplicable to them were recorded on the related cost sheets. Jobs303 and 304 are still in process at the end of the month, and allapplicable costs except factory overhead have been recorded on therelated cost sheets. In addition to the materials and labor chargeddirectly to the jobs, $7,400 of indirect materials and $12,000 ofindirect labor were used during the month. The cost sheets for thefour jobs entering production during the month are as follows, insummary form:

Job 301		Job302
Direct materials	$9,000	Directmaterials	$21,100
Direct labor	7,700	Direct labor	16,800
Factory overhead	5,467	Factoryoverhead	11,928
Total	$22,167	Total	$49,828

Job 303		Job304
Direct materials	$25,200	Directmaterials	$14,800
Direct labor	16,100	Direct labor	13,900
Factory overhead	—	Factoryoverhead	—

Required:

Journalize the Jan. 31 summaryentries to record each of the following operations for January (oneentry for each operation). Refer to the Chart of Accounts for exactwording of account titles. a. Direct and indirectmaterials used. b. Direct and indirect labor used. Journalize the Jan. 31 summaryentries to record each of the following operations for January (oneentry for each operation). Refer to the Chart of Accounts for exactwording of account titles. a. Direct and indirectmaterials used. b. Direct and indirect laborused. c. Factory overhead applied toall four jobs (a single overhead rate is used based on direct laborcost). d. Completion of Jobs 301 and302. PAGE 10 JOURNAL DATE DESCRIPTION POST.REF. DEBIT CREDIT 1 2 3 4 5 6 7 8 9 10