Check my work [The following information applies to the questions displayed below. J 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. Debit Credit Cash 55 75,000 Accounts receivable 44,000 Raw materials inventory 27,000 Work in process inventory 0 Finished goods inventory 15,000 Prepaid rent 5,000 Accounts payable $ 9,100 Notes payable 12,100 Common stock 50,000 Retained earnings (prior year) 87,000 Sales 181,800 Cost of goods sold 101,000 Factory overhead 26,000 General and administrative expenses 47,000 Totals $ 340,000 $ 340,000 These six documents must be processed to bring the accounting records up to date. Materials requisition 10: $ 4,900 direct materials to Job 402 Materials requisition 11: $ 7,000 direct materials to Job 404 Materials requisition 12: $ 2,100 indirect materials Labor time ticket 52: $ 5,000 direct labor to Job 402 Labor time ticket 53: $ 15,000 direct labor to Job 404 Labor time ticket 54: $ 5,000 indirect labor Jobs 402 and 404 are the only jobs in process at year-end. The predetermined overhead rate is 100% of direct labor cost. Cb? ( Prev 12 13 14 of 14 % Check my work Jobs 402 and 404 are the only jobs in process at year-end. The predetermined overhead rate is 100% of direct labor cost. 2-a. In Factory Overhead T-account, 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. Req 2A Req 2B In Factory Overhead T-account, enter amounts from part 1 related to factory overhead Determine the amount of over- or underapplied overhead. Factory Overhead Actual overhead (given) SEP "tv 4Check my work Required information View transaction list Journal entry worksheet Record the entry to allocate any overapplied or underapplied overhead. Note: Enter debits before credits. Date General Journal Debit Credit December 31 Record entry Clear entry View general journal SEP "tv 4