5 of 7 complete) Score: 0.16 of 1 pt E17-22 (similar to) June production generated the following activity in Barge Chassis Company's Work in Process Inventory count (Click the icon to view the activity) Additionally, Barge has completed Jobs 142 and 143, with total costs of 348,000 and $37.000, respectively Read the requirements Requirement 1. Prepare the journal entry for production completed in June (Prepare a single journal entry for this event. Record debits first, then credits Exclude explanations from any journal entries) Date Accounts Debit Credit June Finished Goods Inventory 35.000 Work in Process Inventory 85.000 Requirement 2. AT-account for Work-in-process inventory has been opened for you. Enter the beginning balance De Bal on the first line of the T-account Post the Juneotvity, including the journalen Compute the ending balance "Bal" in the work in Process Inventory account on June 30. (Abbreviation used: MOH manufacturing overhead) Work in Process Inventory Beg Ba 25.000 65,000 Direct materials used 30.000 Direct labor assigned to jobs 44.000 MOH located to jobs 17.600 31,600 or this event. Record debits first, then credits. Exclude explanations from any Data Table 000 S June 1 balance 25,000 30.000 includ ng bal 44.000 used: Direct materials used Direct labor assigned to jobs Manufacturing overhead allocated to jobs 17.600 Print Done Clear All hp nal entry for this event. Record debits first, then credits. Exclude explanations from any journal entries.) i Requirements he journal entr 1. Prepare the journal entry for production completed in June. 2. Open a T-account for Work-in-Process Inventory. Post the journal entry made in Requirement 1. Compute the ending balance in the Work-in-Process Inventory account on June 30. 3. Prepare the journal entry to record the sale on account of Job 143 for $52.000. Also, prepare the journal entry to record Cost of Goods Sold for Job 143. 4. What is the gross profit on Job 143? 1 Print Done