Answer a, b, c and d

P20-3B Nami Yee is a contractor specializing in custom-built jacuzzis. On May 1, 2012 her ledger contains the following data. Raw Materials Inventory Work in Process Inventory Manufacturing $30,000 12,200 2,500 Overhead (dr.) The Manufacturing Overhead account has debit totals of $12,500 and credit totals of $10,000. Subsidiary data for Work in Process Inventory on May 1 include Job Cost Sheets Direct Labor $2,000 1,200 800 $4,000 Manufacturing Overhead $1,400 840 560 $2,800 Job by Customer Scott Condon Keefe Direct Materials $2,500 2,000 900 $5,400 During May, the following costs were incurred: (a) raw materials purchased on account $4,000, (b) labor paid $7,600, and (c) manufacturing overhead paid $1,400 A summary of materials requisition slips and time tickets for the month of May reveals the following Job by Customer Materials Requisition Slips $ 500 600 2,300 1,900 5,300 1,500 $6,800 Time Tickets $ 400 1,000 1,300 2,900 5,600 2,000 $7,600 Condon Keefe Tarr General use Overhead was charged to jobs on the basis of $0.70 per dollar of direct labor coS The jacuzzis for customers Scott, Condon, and Keefe were completed during May. Each jacuzzi was sold for $12,000 cash. Instructions (a)Prepare journal entries for the May transactions: (i) for purchase of ravw materials, factory labor costs incurred, and manufacturing overhead costs incurred; (ii) assignment of raw materials, labor, and overhead to production; and ii) completion of jobs and sale of goods (b)Post the entries to Work in Process Inventory (c)Reconcile the balance in Work in Process Inventory with the costs of (d)Prepare a cost of goods manufactured schedule for May unfinished jobs