Good day dear expert tutor, please help me with this problem based on the information on the image by providing the following requirements needed

Required:

(1) Compute the total cost of each job at the end of March.

(2) Determine the over- or under-applied factory overhead remaining in the overhead account.

(3) Necessary Journal entries for Job 204

Problem (worksheet) 1. The books of Rochelle Products Company show the following account balances as of March 1: Finished goods P 78,830 Work in process Materials Over- or under applied factory 292,621 65,000 12,300 (Cr.) Item Direct Materials The work in process account is supported by the following job order cost sheets: Job Direct Factory Labor Overhead Total 204 80,000 balloons P 15,230 P 21,430 P 13,800 P 50,460 205 5,000 life rafts 40,450 206 10,000 life belts Total 60,875 55,240 43,860 22,370 118,060 19,366 124,101 P 116,555 P 120,530 P 55,536 P 292,621 During March, the following transactions occurred: a. Purchase of materials, P 42,300 b. Purchase of special materials was P 5,800 for new Job 207, which calls for 4,000 life jackets. c. Indirect labor cost was P 12,480. Direct labor was follows: Job Amount Hours 204 P26,844 3,355.5 205 22,750 3,250.0 206 28,920 3,615.0 207 20,370 2,910.0 d. Materials issued: Job 204 P 9,480 Job 205 P 11,320 Job 206 P 10,490 Job 207 P 16,640 (excluding P5,800 of special materials, which are also issued at this time) e. Other factory overhead incurred or accrued: Insurance on factory Tax on real estate Depreciation-machinery Depreciation-factory building Light Coal used Power Repairs and maintenance Indirect supplies P 830.00 845.00 780.00 840.00 560.00 1,810.00 3,390.00 2,240,00 1,910.00 15,256.87 Miscellaneous f. Factory overhead is applied at the rate of P 2.30 per direct labor hour. An applied overhead control account is used and is then closed to the overhead control account. g. Job 204 was shipped and billed at a contract price of P 117,500. Required: (1) Compute the total cost of each job at the end of March. (2) Determine the over- or under-applied factory overhead remaining in the overhead account. (3) Necessary Journal entries for Job 204