(Solved): Required information (The following information applies to the questions dispiayed below.) Informat ...

Required information (The following information applies to the questions dispiayed below.) Information on Kwon Manufacturing's activities for its first month of operations follows: a. Purchased $\$101,200$ of raw materials on credit. b. Materials reauisitions show the followina materials used for the month. c. Time tickets show the following labor used for the month. d. Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate of $80\%$ of direct materials cost. e. Transferred Job 201 to Finished Goods Inventory. f. Sold Job 201 for $\$167,360$ on credit. g. Incurred the followina actual other overhead costs for the month.