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The following information applies to the questions displayed below) Bergamo Bay's computer system generated the following trial balance on December 31, 2019. The company's manager knows something is wrong with the trial balance because it does not show any balance for Work in Process Inventory but does show a balance for the Factory Overhead account. In addition, the accrued factory payroll (Factory Wages Payable) has not been recorded Debit Credit Cash $ 69,000 Accounts receivable 38,000 Raw materials inventory 24,000 Work in process inventory 0 Finished goods inventory 12.000 Prepaid rent 4,000 Accounts payable $ 11,300 Notes payable 14,300 Common stock 40.000 Retained earnings 87000 Sales 176,400 Cost of goods sold 109,000 Factory overhead 27,000 Operating expenses 46,000 Totals $329,000 $329,000 After examining various files, the manager identifies the following six source documents that need to be processed to bring the accounting records up to date. Materials requisition 21-3010: Materials requisition 21-3011 Materials requisition 21-3012: Labor time ticket 6052 Labor time ticket 6053 Labor time ticket 6054 $ 4,000 direct materials to Job 402 $ 7,300 direct materials to Job 404 $ 1600 indirect materials $ 7000 direct labor to Job 402 $13,000 direct labor to Job 404 $ 5.000 indirect labor Jobs 402 and 404 are the only units in process at year-end. The predetermined overhead rate is 150% of direct labor cost. a. Direct materials costs to Work in Process Inventory. b. Direct labor costs to Work in Process Inventory. c. Overhead costs to Work in Process Inventory d. Indirect materials costs to the Factory Overhead account. e. Indirect labor costs to the Factory Overhead account. Required: 1. Prepare journal entries to assign the above costs. Debit Credit View transaction list View journal entry worksheet No Transaction General Journal 1 Work in process inventory Raw materials inventory a. Journal entry worksheet N Record direct labor costs for Jobs 402 and 404. Note: Enter debits before credits. Transaction General Journal Debit Credit b. Record entry Clear entry View general journal View transaction list Journal entry worksheet N Record the entry to allocate overhead to Jobs 402 and 404. Note: Enter debits before credits. Transaction General Journal Debit Credit c. Record entry Clear entry View general journal View transaction list Journal entry worksheet Record entry to assign cost of indirect materials. Note: Enter debits before credits. General Journal Debit Credit Transaction d. Record entry Clear entry View general journal View transaction list Journal entry worksheet 2 3 4 5 > Record entry to assign cost of indirect labor. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general Journal

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