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. Cash Accounts receivable. Raw materials inventory Work in process inventory rinished goods inventory Prepaid rent Accounts payable Notes payable Common stock Retained earnings (prior year) Sales Cost of goods sold Factory overhead General and administrative expenses Totals Debit Credit $ 75,000 44,000 27,000 12,000 4,000 $ 11,100 14,100 40,000 85,000 150,000 113,000 25,000 30,000 $339,000 $339,000 These six documents must be processed to bring the accounting records up to date. Materials requisition 18: Materials requisition 11: Materials requisition 121 Labor time ticket 52: Labor time ticket 53: Labor time ticket 54: $ 4,480 direct materials to Job 402 $ 7,000 direct materials to Job 404 $ 2,280 indirect materials $6,888 direct labor to Job 402 $ 14,000 direct labor to Job 404 $5,000 indirect labor Jobs 402 and 404 are the only jobs in process at year-end. The predetermined overhead rate is 150% of direct labor cost. a. Direct materials b. Direct labor c. Overhead applied. d. Indirect materials. e. Indirect labor. Required: 1. Use the document information above to prepare journal entries for the above costs. View transaction list Journal entry worksheet 1 2 345 Record direct materials used for Jobs 402 and 404. Note: Enter debits before credits. Transaction a General Journal Debit Credit >