Journal Entries The work in process account has the following information already posted for the three jobs from the first week of work:

Journal EntriesThe work in process account has the following information already posted for the three jobs from the first week of work:JOB 621 JOB 622 JOB 623MATERIALS $2800 $3400 $1800LABOR $2100 $2700 $1350APPLIED F.O. $1680 $2160 $1080__________________________________________________TOTAL $6580 $8260 $4230The following information is for the second week. Make all necessary entries.a. Materials purchased and received, $22,000, terms n/45.b. Materials requisitioned for production were $21,000. Of this amount $2400 were indirect and the rest was distributed as follows: JOB 621--$5300 JOB 622--$7400 JOB 623--$5900.c. $600 of materials were returned to the storeroom. $200 was indirect and $400 was from JOB 622.d. Materials returned to the vendor amounted to $800.e. Gross payroll for the week was $60,000. Federal income tax withheld was $7000. Union dues were $500. FICA was withheld at the rate of 7.65%.f.. The payroll was divided as follows:direct labor.................55% {JOB 621--$6420, JOB 622--$8160, JOB 623--$18,420}indirect labor..............20%marketing salaries.......10%admin. salaries............15%g. Payroll taxes were recorded as follows: {13.85% is the total of the rates}fut.............. .8%sut.............. 5.4%fica............ 7.65%h. Factory overhead amounted to $5500. This included depreciation of $2000, $250 in expired insurance, and $3250 in unpaid bills. {hint.......no crediting expenses!}i. Factory overhead was applied at the rate of 80% of the direct labor charges of letter "f". {don't forget to do it by the job}.j. Jobs 621 and 622 were completed and transferred to finished goods. k. Both jobs were shipped and sold at a 40% profit {2 entries!}