3 Required information The following information applies to the questions displayed below) Bego Bey'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 Cash Accts receivable $76,000 27,500 Come stack etained earnings (arter year) Sales Cost of gold factory erhead Totals $11,500 14,500 30,000 180,500 107,000 37,000 $332,500 $332,500 These six documents must be processed to bring the accounting records up to date terials reisition 10: terials requdsition 11 later time ticket $2 Laber time ticket 53c Labor time ticket M $4,600 direct materials to Job 403 $7,700 direct materials to Job 404 $2,200 Indirect materials 54,000 direct labor to ab 402 $ 14,000 direct labor to Job 404 55, indirect labor Jubs 402 and 404 are the only jobs in process at year-end. The predetermined overhead rate is 150% of direct labor cost 3. Prepare a revised ut of account balances as of December 31. Hint: Use the prior year's Retained Earnings balance of $88,000 in this 1st 3 Required information The following information applies to the questions displayed below) Bego Bey'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 Cash Accts receivable $76,000 27,500 Come stack etained earnings (arter year) Sales Cost of gold factory erhead Totals $11,500 14,500 30,000 180,500 107,000 37,000 $332,500 $332,500 These six documents must be processed to bring the accounting records up to date terials reisition 10: terials requdsition 11 later time ticket $2 Laber time ticket 53c Labor time ticket M $4,600 direct materials to Job 403 $7,700 direct materials to Job 404 $2,200 Indirect materials 54,000 direct labor to ab 402 $ 14,000 direct labor to Job 404 55, indirect labor Jubs 402 and 404 are the only jobs in process at year-end. The predetermined overhead rate is 150% of direct labor cost 3. Prepare a revised ut of account balances as of December 31. Hint: Use the prior year's Retained Earnings balance of $88,000 in this 1st