Inventory at the beginning of the year consisted of materia

- Inventory at the beginning of the year consisted of materials ($3500), WIP (Job 122 $7500, Job 123 $4800), finished goods $11500

-Incurred manufacturing wages of $112000 (20% was direct labor for job 122, 25% direct labor of job 123 and 55% was indirect labor)

- Used in production: direct materials for Job 122,$22800, direct materials for Job 123 $27800, indirect materials $17800

- Allocated manufacturing overhead to jobs using the predetermined rate of 220% of direct labor costs.

- Completed jobs 122 and 123

- Sold 70% of job 122 on credit for $178,400

How should I journalize these entries?

Thank you

Journal entries :

(70% of Job 122 sold)

Accounts Titles and explanation	Debit $	Credit $
Work in process	50400
Manufacturing Overhead	61600
Labor Payroll		112000
(being the labor expenses made)

WIP	50600
Manuf. Overhead	17800
Raw Material Inventory		68400
(being material used)

WIP	110880
Manuf. Overhead		110880
(220% of DLCs= 50400 * 220% = 110880)

Finished Goods Inventory	224180
WIP		224180
(sum of opening WIP + lab, material & overhead used = 7500+4800+50400 +50600+110880)

Accounts Receivable	178400
Sales revenue		178400
(70% of Job 122 sold)

Cost of Goods Sold	71386
Finished Goods Inventory		71386
[70% of (7500+22400+22800+49280) ]