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. of 4 Book mnt erences Cash Accounts receivable Raw materials inventory Work in process inventory Finished goods inventory Prepaid rent Accounts payable Notes payable Common stock Retained earnings (prior year) Sales Cost of goods sold Factory overhead General and administrative expenses Totals Debit Credit $ 76,000 45,000 27,500 0 12,000 4,000 $ 9,200 12,200 40,000 92,000 192,100 116,000 26,000 39,000 $ 345,500 $ 345,500 These six documents must be processed to bring the accounting records up to date. Materials requisition 10: Materials requisition 11: Materials requisition 12: Labor time ticket 52:1 Labor time ticket 53:1 Labor time ticket 54: $ 4,200 direct materials to Job 402 $ 7,100 direct materials to Job 404 $2,000 indirect materials $ 6,000 direct labor to Job 402 $ 14,00 direct labor to Job 404 $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