Divine Homes manufactures pretabricated chalets in Colorado. The company uses a perpetual inventory system and a job cost system in which each chalet as a job., The following events occurred during May? 1. (Click the icon to view the events.) Requirements 1. Record the preceding events in the general journal, 2. Post the appropriate entries to the T-accounts, identitying each entry by letter. Determine the ending account balances, assuming that the beginning balances wore zero. 3. Summarize the job costs of the unfinished chalet and show that this equals the ending batance in Work in Process Inventory. 4. Summarize the job cost of the completed chalet that has not yet been sold and show that this equali the ending balance in Finished Goods Inventory. 5. Compute the gross profit on each chalet that was sold. What costs must the gross profit cover for Divine Homes? a. Purchased materials on account, $490,000. b. Incurred total manufacturing wages of $119,000, which included both direct labor and indirect labor. Used direct labor in manufacturing as follows: c. Kequisitonea airect matermais in manuraciuring as follows: d. Depreciation of manufacturing equipment used on different chalets, $6,700. a thar nvarhaad costs incurred on Chalets 13-16: c. Requisitioned direct materials in ryanufacturing as follows: a. vepreciation of manufacturing equipment used on different chalets, $6,700. e. Other overhead costs incurred on Chalets 13-16: T. Allocated overhead to jobs at the predetermined rate of 60% of direct labor cost. g. Chalets completed: 13,15 , and 16. h. Chalets sold on account: 13 for $96,000 and 16 for $143,000. The following events occures pretabricated chaiets in Colorado. The company uses a perpetual inventory aystem and a job cost syestem in which esch chuvet is a job. The following ovents occurred duning May. 3. (Clok the icon to view the events.) Read the teguirements. Requirement. 1. Record the events in the general journal, (Record debits first, then crecis. Exolude explanations from any (curnal anties ) Start with the ontry from event (a). Purchused materials on account, $490,000