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#4 need help checking my work. If i have any errors please let me know. recreating the tables perfect too.

Cash Bergo Bay's accounting system generated the following account balances on December 31. The company's manager knows something is wrong with this list of balances because it does not show any balance for Work in Process Inventory and the accrued factory payroll (Factory Wages Payable) has not been recorded Debit Credit $ 77,000 Accounts receivable 45,000 Raw materials inventory 28,000 Work in process Inventory Finished goods inventory 12,800 Prepaid rent 4,600 Accounts payable 59,300 Notes payable 12,300 40, eee Retsined earnings (prior year) 93,000 Sales 185,400 Cost of goods sold 112,000 Factory overhead 25,000 General and administrative expenses 36,000 Totals $ 340,000 $ 340,000 Common stock These six documents must be processed to bring the accounting records up to date. Materials requisition 10: $ 4,800 direct materials to Job 402 Materials requisition 11 $ 7,000 direct materials to Job 404 Materials requisition 12 $ 2,400 indirect materials Labor time ticket 52: $3,000 direct labor to Job 402 Labor time ticket 53: $ 12,000 direct labor to Job 404 Labor time ticket 541 $3,000 indirect labor Jobs 402 and 404 ore the only jobs in process ot year-end. The predetermined overhead rate is 150% of direct labor cost 6. Direct materials b. Direct labor c. Overhead applied d. Indirect materials e Indirect lobor a. Direct materials b. Direct labor c. Overhead applied d. Indirect materials e. Indirect labor Required: 1. Use the document information above to prepare Journal entries for the above costs View transaction list View journal entry worksheet No Transaction Credit General Journal Work in process inventory Raw materials inventory Debit 11,800 1 28,000 2 D 20.000 Work in process inventory Factory wages payable 9.300 2 3 20,000 Work in process inventory Factory overhead 25,000 d 2.400 Factory overhead Raw materials inventory 28,000 5 5.000 Factory Overhead Factory wages payable 9.300 2-n. In Factory Overhead T-account, enter amounts from port related to factory overhead Determine the amount of over or underapplied overhead 2-b. Prepare the entry to close any over or underopplied overhead to Cost of Goods Sold Complete this question by entering your answers in the tabs below. Reg 2 Reg 28 In Factory Overhead T-account, enter amounts from part 1 related to factory overhead Determine the amount of over or underapplied overhead Factory Overhead Actual overhead (given) Ending balance from trial balance 25,000 20,000 Overhead applied indired materials 2.400 Indirect labor 5.000 Underapplied overhead 12 4001 A 2A Req 28 > Prepare the entry to close any over- or underapplied overhead to cost of Goods Sold. View transaction list View journal entry worksheet Debit Credit General Journal 1 Date December 31 Cost of goods sold Factory overhead 12,400 25,000

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