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For the year ended December 31,2022 , the job cost sheets of Oriole Company contained the following data. Other data: 1. Raw materials inventory cotaled

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For the year ended December 31,2022 , the job cost sheets of Oriole Company contained the following data. Other data: 1. Raw materials inventory cotaled $13.200 on January 1 . During the year, $123,200 of raw materials were purchased on account. 2. Flilished goods on January 1 consisted of Job No. 7638 for $76,560 and Job No. 7639 for $80,960 3. Job No. 7540 and Job No. 7641 were completed during the year. 4. Jab Nos.7638,7639 and 7641 were sod on account for 5466,400 5. Manufacturing overhead incurred on account totaled $10500 6. Incurred depreclationonfactory machinery $7,040 7. Assigned indirect materials of $12,320 and indingect abor of $15,840. Prove the agrement of Work In Process linventory with jab cott sheets pertainins to unfinithed work. Port each to the T-sccoint in the following order: (1) beginning balance, (2) - Sirect muteriaks, (3) direct bbor, (4) manut xcturing overhesd, and (5) completed jobe (b) Prepare the adfusting entry for manufacturing overhead, assuming the bulance is allocated entirely to Cost of Goodi Sold Qht al detit entries before cinat entries Cre btes are outanoticaly hidented when omount is entered Do not indent mancoly Account Titles and Explanation Debit Credit eTextbook and Media Prepare an income statement through gross profit for 2022

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