Given the journal entries below, fill-up the tables after to show T-accounts for all inventories, cost of good sold, factory overhead control, and factory overhead applied. Note that the ending balances are as follows: Materials control-50,000 WIP control- 75,000 FG control-329,000

Prepare general journal entries to summarize the following transactions. As your final entry, dispose off the year-end overapplied or underapplied factory overhead as direct adjustment to cost of goods sold. 1. Purchases of materials (direct & indirect) made on credit, $79,000 79,000 79,000 2. Usage of materials directly and indirectly used in the production process, $81,000 and $4,000, respectively 81,000 3. Payroll for manufacturing employess: direct labor amounting to $29,000 and indirect labor amounting to $25,000 4. Other manufacturing overhead costs incurred during the period amounting to $75,000 with items as follows: supervision and engineering salaries paid in cash, $44,000, insurance, repairs, utilities in the plant paid in cash, $13,000, and depreciation of plant, $18,000 75,000 18,000 5. Manufacturing overhead allocation to jobs, $89,000 89,000 89,000 6. Sum of all individual jobs completed and transferred to the finished goods department is $188,800 188,000 7. Cost of goods sold, $180,000 180,000 180,000 9. Sales revenue from all jobs sold and delivered paid in credit amounting to $270,000 270,000 270,000 10. Adjusting entry 10. Adjusting entry Show posted T-accounts for all inventories, cost of good sold, factory overhead control, and factory overhead applied. Note that the ending balances are as follows: - Materials control, 50,000 - WIP control 75,000 - FG control 329,000 \begin{tabular}{|l|l|} \hline \multicolumn{2}{|c|}{ CGS } \\ \hline Dr & \multicolumn{2}{|c|}{Cr} \\ \hline Total: & Total: \\ \hline To balance: & To balance: \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline \multicolumn{3}{|c|}{ Materials control } \\ \hline \multicolumn{1}{|c|}{Dr} & Cr \\ \hline Total: & Total: \\ \hline To balance: & To balance: \\ \hline \end{tabular} WIP control Dr Cr Total: Total: WIP control \begin{tabular}{|l|l|} \hline \multicolumn{1}{|c|}{Dr} & \multicolumn{1}{c|}{Cr} \\ \hline Total: & Total: \\ \hline To balance: & To balance: \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline \multicolumn{2}{|c|}{ FG Control } \\ \hline Dr & \\ \hline Total: & Total: \\ \hline To balance: & To balance: \\ \hline \end{tabular}