For the year ended December 31, 2022, the job cost sheets of Blossom Company contained the following data. 2. 4. 5. Job Number Other data: 6. 7. 7640 7641 7642 Explanation Balance 1/1 Current year's costs Balance 1/1 Current year's costs Current year's costs Direct Materials $31,000 37,200 13,640 53,320 71,920 Direct Labor $29,760 44,640 22,320 59,520 68,200 Manufacturing Overhead $35,712 $96.472 53,568 135.408 26,784 Total Costs 81,840 62,744 71.424 184,264 221,960 Raw materials inventory totaled $18,600 on January 1. During the year. $173.600 of raw materials were purchased on account. Finished goods on January 1 consisted of Job No. 7638 for $107,880 and Job No. 7639 for $114,080. Job No. 7640 and Job No. 7641 were completed during the year. Job Nos. 7638, 7639, and 7641 were sold on account for $657,200. Manufacturing overhead incurred on account totaled $148,800. Incurred depreciation on factory machinery $9,920. Assigned indirect materials of $17,360 and indirect labor of $22,320.

For the year ended December 31.2022 , the job cost sheets of Blossom Compary contained the following data Otherdata: 1. Raw materials inventory totaled $18,600 on January 1 . During the year. $173,600 of rawmaterials were purchased on account. 2 Finished goods on Januery 1 consisted of Job No.7638 for $107.880 and Job No 7639 for $114.080. 3. Job Na. 7640 and Job No. 7641 were completed during the year. 4. Job Nos.7638.7639, and 7641 were sold on account for $657.200 5. Manufacturing overheadincurred on account totaled $148.800. 6. Incurred depreciation on factory machinery $9.920. 7. Assigned indirect materials of $17.360 and indirect labor of $22.320. Prove the agreement of Work in Process Inventory with job cost sheets pertaining to unfinished work. Post each to the T-account in the following order, (1) beginning balance, (2) direct materials, (3) direct labor, (4) manufacturing overhead, and (5) completed jobs: Prepare the adjusting entry for manufacturing overhead, assuming the balance is allocated entirely to Cost of Goods Sold. (List all deblt entrles before credit entries. Credit account tides are outomatically indented when amount is entered Do not indent manually eTextbook and Media List of Accounts Attempts: 0 of 3 used Prepare an incomestatement through gross profit for 2022 BLOSSOM COMPANY Income Statement (partial) $ $