1. Based on the information provided, prepare the necessary journal for Zuma Corp.

2. Determine ending balance of Raw Materials inventory, WIP Inventory, Finished Good Inventory, and COGS

3. Prepare journal entries to write off the over/under allocated manufacturing overhead to the COGS account

Zuma Corp. provides custom-made board games for its client. The company accumulates its production cost using a job-order costing system. On June 1, 2021, the raw materials account shows a balance of $15,000 The following transactions in Zuma Corp during June 2021: a. Balance of WIP Inventory at June 1st for Job #067 is: Direct Materials Direct Labor FOH Applied $ 6,000 $3,000 $1,000 b. Purchase raw materials $ 120000 paid in cash c. Usage on materials and labor during June shows the following: Job Number Direct Materials Used Direct Labor Used Job #067 $ 16,000 $ 8,000 Job #218 $ 24,000 $ 10,000 Job #456 $ 30,000 $ 14,000 Indirect $ 10,000 $ 6,000 d. Depreciation expense during June is $ 36.000, and other manufacturing overhead is $ 20,000 e. Allocation of manufacturing overhead to each job with the rate of $ 37.5 per Direct Labor Hour. Job #067 requires 450 DL Hours, Job #218 requires 700 DL Hours, and Job #456 requires 850 DL Hours. f. Jobs completed are going to be transferred to the warehouse. Jobs completed during June are Job #067 and Job #218 g. Sold the product of Job #067 to the customer with a sales price of $ 80,000, customer paid in cash