Bergo Bay's accounting system generated the following account balances on December 31. The company's manager knows something is wrong with this list of balances because it does not show any balance for Work in Process inventory. and the accrued factory payroll (Factory Wages Payable) has not been recorded. These six documents must be processed to bring the accounting records up to date. Jobs 402 and 404 are the only jobs in process at year-end. The predetermined overhead rate is 100% of direct labor cost. Journal entry worksheet 5 Record direct materials used for Jobs 402 and 404. Note; Enter debits before credits. 2-a. In Factory Overhead Taccount, enter amounts from part 1 related to factory overhead. Determine the amount of over- or underapplied overhead. 2-b. Prepare the entry to close any over-or underapplied overhead to Cost of Goods Sold. Complete this question by entering your answers in the tabs below. In Factory Overhead T-account, enter amounts from part 1 related to factory overhead Determine the amount of over-or underapplied overhead. Record the entry to allocate any overapplied or underapplied overhead. Note: Enter debits before credits. 3. Prepare a revised list of account balances as of December 31. Hint Use the prior year's Retained Eamings balance of $90.000 in this list. Complete this question by entering your answers in the tabs below. Prepare an income statement. BERGO BAY COMPANY Balance Sheet As at December 31