Barker Products is a job shop. The following events occurred in September 1. Purchased $13,900 of materials on account. 2. Issued $15,400 in direct materials to the production department. 3. Purchased $11,900 of materials on account. 4. Issued $945 of supplies from the materials Inventory. 5. Paid for the materials purchased in transaction (1). 6. Paid $20,100 cash for utilities, power, equipment maintenance, and other miscellaneous items for the manufacturing plant. 7. Incurred direct labor costs of $23,800, which were credited to Wages Payable. 8. Issued $1,345 of supplies from the materials inventory. 9. Applied overhead on the basis of 85 percent of $23,800 direct labor costs. 10. Recognized depreciation on manufacturing property, plant, and equipment of $12.500. The following balances appeared in the accounts of Barker Products for September. Materials Inventory Work-in-Process Inventory Finished Goods Inventory: Cost of Goods Sold Required: Beginning $34,400 Ending 6,190 34,700 $ 31,300 56,600 a. Prepare journal entries to record the transactions. b. Prepare T-accounts to show the flow of costs during the period from Materials Inventory through Cost of Goods Sold, Required A Required B Prepare T-accounts to show the flow of costs during the period from Materials Inventory through Cost of Goods Sold. Materials Inventory Debit Credit Beginning balance 34,400 1 13,900 15,400 2 3. 11,900 945 4 1,345 8 Ending balance. Beginning balance 4 6 8 10. 42,510 Manufacturing Overhead Control Debit 0000 945 20,100 1,345 12,500 3000 000 Work-in-Process Inventory Debit Credit Beginning balance 6,190 2 15,400 Finished Goods 7 23,800 ( 9 20,230 Ending balance 65,620 Applied Manufacturing Overhead Credit Debit Beginning balance Ending balance Credit 20,230 9 20,230 Accounts Payable Debit Beginning balance 15. Credit 13,900 13,900 1 11,900 3 Cash Debit Credit Beginning balance Ending balance 11,900 Wages Payable Debit Credit Beginning balance Ending balance 13,900 5 20,100 6 34,000 Accumulated Depreciation-Property, Plant, and Equipment Ending balance Debit Beginning balance 23,800 7 23,800 Ending balance Credit 12,500 10 12,500 Finished Goods Inventory Cost of Goods Sold Debit Credit Debit Credit Beginning balance 34,700 Beginning balance Transfer to Goods completed 53,2004 56,600 Cost of Finished Goods Goods Sold Inventory Ending balance 31,300 Ending balance 56.600 56,600 Prav 1 of A Mout