Can someone please help me understand how to make journal entries with the below information. This is managerial accounting and I'm completely lost.

Collegiate Publishing Inc. began printing operations on March 1. Jobs 301 and 302 were completed during the month, and all costs applicable to them were recorded on the related cost sheets. Jobs 303 and 304 are still in process at the end of the month, and all applicable costs except factory overhead have been recorded on the related cost sheets. In addition to the materials and labor charged directly to the jobs, $7,600 of indirect materials and $12,100 of indirect labor were used during the month. The cost sheets for the four jobs entering production during the month are as follows, in summary form:

Job 301

Job 302

Direct materials

$10,600

Direct materials

$21,900

Direct labor

8,300

Direct labor

15,000

Factory overhead

6,557

Factory overhead

11,850

Total

$25,457

Total

$48,750

Job 303

Job 304

Direct materials

$23,200

Direct materials

$15,500

Direct labor

19,000

Direct labor

11,100

Factory overhead

Factory overhead

Required:

Journalize the Mar. 31 summary entries to record each of the following operations for March (one entry for each operation). Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for spaces or journal explanations. Every line on a journal page is used for debit or credit entries. Do not add explanations or skip a line between journal entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.

a. Direct and indirect materials used.

b. Direct and indirect labor used.

c. Factory overhead applied to all four jobs (a single overhead rate is used based on direct labor cost).

d. Completion of Jobs 301 and 302.

CHART OF ACCOUNTSCollegiate Publishing Inc.General Ledger

ASSETS

110

Cash

121

Accounts Receivable

125

Notes Receivable

126

Interest Receivable

131

Materials

132

Work in Process

133

Factory Overhead

134

Finished Goods

141

Supplies

142

Prepaid Insurance

143

Prepaid Expenses

181

Land

191

Factory

192

Accumulated Depreciation-Factory

LIABILITIES

210

Accounts Payable

221

Utilities Payable

231

Notes Payable

236

Interest Payable

241

Lease Payable

251

Wages Payable

252

Consultant Fees Payable

EQUITY

311

Common Stock

340

Retained Earnings

351

Dividends

390

Income Summary

REVENUE

410

Sales

610

Interest Revenue

EXPENSES

510

Cost of Goods Sold

520

Wages Expense

531

Selling Expenses

532

Insurance Expense

533

Utilities Expense

534

Office Supplies Expense

540

Administrative Expenses

560

Depreciation Expense-Factory

590

Miscellaneous Expense

710

Interest Expense