Disneyland Entertainment Inc. is a manufacturer that uses a job order cost system. The following data summarize the operations related to production for June 2020, the first month of operations: a. Materials purchased on account, P100,000 b. Materials requisitioned and labor used: Materials Factory Labor Job No. 100 P3,000 P2,100 Job No. 101 P2.000 P1,400 Job No. 102 P700 P490 Job No. 103 P4,000 P2,800 Job No. 104 P3,000 P2,100 Job No. 105 P1,000 P700 For general factory use P500 P350 C. Factory overhead costs incurred on account, P7.200. d. Depreciation of machinery, P2,000 e. Factory overhead is applied at a rate of 70% of direct labor cost. f. Jobs completed: Nos. 100, 101, 102, 104. 9 Jobs 100, 101, and 102 were shipped, and customers were billed for P8,100, P3,800, and P3,500, respectively. Instruction: 1. Journalize the entries to record these transactions. 2. Determine the account balances for Work in Process and Finished Goods. 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. 4. Prepare a schedule of completed jobs on hand to support the balance in the finished goods account