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. Credit Cash Accounts receivable Raw materials inventory Work in process inventory Finished 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 requisition 11: Materials requisition 12: Labor time ticket 52: Labor time ticket 53: Labor time ticket 54: These six documents must be processed to bring the accounting records up to date. Materials requisition 10: Materials Debit $ 68,000 a. Direct materials. b. Direct labor. 37,000 23,500 0 12,000 4,000 c. Overhead applied. d. Indirect materials. e. Indirect labor. 113,000 25,000 51,000 $ 11,100 14,100 40,000 84,000 184,300 $ 333,500 333,500 $4,400 direct materials to Job 402 $ 7,200 direct materials to Job 404: $ 1,900 indirect materials $ 5,000 direct labor to Job 402 $direct labor to Job Jobs 402 and 404 are the only jobs in process at year-end. The predetermined overhead rate is 100% of direct labor cost. 15,000 404 $5,000 indirect labor Required: 1. Use the document information above to prepare journal entries for the above costs