During the month of Iune, the following transactions occurred: Materials nurchased on credit 24, 700 Factory rent paid _ 2,500 Invoices for sundry factory overhead items _ 2,000 Depreciation at 15% per annum is to be charged on factory plant valued at $160,000. Material issued to the factory and labour charged for the month were: m _ 4,500 1,000 3.000 9,800 25,100 25,625 Factory overhead is applied using a rate of 120% of direct labour cost. Any over/under-applied overhead is transferred to cost of goods sold at ]une 30. At 30 ]une, ]ob No. 326 was incomplete. ob Nos 322, 323 and 324 had been completed and sold on credit, while Job No. 325 was still in the finished goods warehouse. The jobs sold had a total sales value of $81,744. Task 1 Prepare and balance the following accounts (a single ledger is used): Raw Materials Control Labour Control Factory Overhead Control Factory Overhead Applied Work in Process Finished Goods rhrvsmnp'sn