Bergamo Bays computer system generated the following trial balance on December 31, 2015. The companys manager knows something is wrong with the trial balance because it does not show any balance for Work in Process Inventory but does show a balance for the Factory Overhead account. In addition, the accrued factory payroll (Factory Payroll Payable) has not been recorded.

Problem 19-2A Source documents, journal entries, overhead, and financial reports LO P1, P2, P3, P4 The following information applies to the questions displayed below Bergamo Bay's computer system generated the following trial balance on December 31, 2015. The company's manager knows something is wrong with the trial balance because it does not show any balance for Work in Process Inventory but does show a balance for the Factory Overhead account. In addition, the accrued factory payroll (Factory Payroll Payable) has not been recorded. Credit Debit 63,000 42,000 26,000 Cash Accounts receivable Raw materials inventory Work in process inventory Finished goods inventory Prepaid rent Accounts payable Notes payable Common stock Retained earnings Sales Cost of goods sold Factory overhead Operating expenses 0 9,000 3,000 11,600 14,600 30,000 95,000 108,000 24,000 47,000 Totals $322,000 $322,000 After examining various files, the manager identifies the following six source documents that need to be processed to bring the accounting records up to date Materials requisition 21-3010 $4,200 direct materials to Job 402 Materials requisition 21-3011: 7400 direct materials to Job 404 Materials requisition 21-3012: 1,600 indirect materials Labor time ticket 6052 Labor time ticket 6053 Labor time ticket 6054 $8,000 direct labor to Job 402 $2,000 direct labor to Job 404 $5,000 indirect labor Jobs 402 and 404 are the only units in process at year-end. The predetermined overhead rate is 100% of direct labor cost