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Accessibility tab summary. The financial information of Cherry Cotta are presented in rows 2 to 30 . A statement for requirement 1 is present Cherry

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Accessibility tab summary. The financial information of Cherry Cotta are presented in rows 2 to 30 . A statement for requirement 1 is present Cherry Cotta makes custom ordered clay pots for residential gardens. Below is cost information regarding its latest job. a. Materials were purchased on account. b. A materials requisition form shows an amount of materials required for this job, 10% of which were used for general use. $ 12,450 10x c. A labor time sheet shows the following. \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Job 345} \\ \hline Employee & Pole & Hours & & & & tal \\ \hline T. Walker & Crafting & 23 & s & 12.50 & $ & 287.50 \\ \hline M. Foster & Firing & 18 & $ & 13.75 & $ & 247.50 \\ \hline c. Watson & Maintenance & 6 & $ & 11.00 & s & 66.00 \\ \hline \multirow[t]{2}{*}{ K. Willis } & \multirow[t]{2}{*}{ Supervisor } & \multirow[t]{2}{*}{10} & \multirow[t]{2}{*}{$} & \multirow[t]{2}{*}{23.00} & $ & 230.00 \\ \hline & & & & & 5 & 831,00 \\ \hline \end{tabular} d. The additional list below shows costs incurred. \begin{tabular}{|l|ll|} \hline Factory Urilities & $ & 395 \\ Advertising Expense & 5 & 625 \\ Administrative Duties & $ & 348 \\ Factory Depreciation & $ & 487 \\ Factory Property Taxes & 5 & 950 \\ \hline \end{tabular} e. At the beginning of the year, overhead costs and workload was estimated. Direct labor hours drives the cost of overhead. \begin{tabular}{|c|c|c|} \hline Estimated Overhead Cost & $ & 90,000 \\ \hline Estimated Direct Labor Hours & & 1,500 \\ \hline \end{tabular} Graded Worksheet Required: 1. Complete the T-Accounts below. \begin{tabular}{|c|c|c|c|} \hline Debit Raw Materials \\ \hline Cost of Goods Sold & Work in Process \\ \hline \end{tabular} \begin{tabular}{|r|r|} \hline \multicolumn{2}{|c|}{ Finkhed Goods } \\ \hline Debit & Credit \\ \hline 1,260 & \\ \hline & \\ \hline 1,260 & \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline \multicolumn{2}{|c|}{ Sales Revenue } \\ \hline Debit & Credit \\ \hline & \\ \hline & \\ \hline \end{tabular} ManufacturingOverheadDebit Note: When calculating amounts below, use the total in the T-Accounts. 2. Determine the Cost of Goods Manufactured. 3. Create a journal entry to dispose of the Over/Underapplied Overhead. 4. Determine the Cost of Goods Sold after disposing of the Over/Underapplied Overhead. 5. Determine the Gross Profit for the month

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