Having lots of trouble with these, please help! There's no missing information, each question has all parts and information for it.

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Munoz Company started year1 with $210,000 in its cash and common stock accounts. During year 1, Munoz paid $157,500 cash for employee compensation and $48,300 cash for materials. Required 3. Determine the total amount of assets and the amount of expense shown on the year 1 financial statements assuming Munoz used the labor and materials to make 1,500 chairs. Further, assume that Munoz sold 1,200 ofthe chairs it made. State the name ofthe expense account(s) shown on the income statement. b. Determine the total amount of assets and the amount of expense shown on the year 1 financial statements assuming Munoz used the labor and materials to provide dental cleaning services to 500 patients. State the name ofthe expense accountls) shown on the income statement. Complete this question by entering your answers in the tabs below. Required A Required B Determine the total amount of assets and the amount of expense shown on the year 1 financial statements assuming Munoz used the labor and materials to make 1,500 chairs. Further, assume that Munoz sold 1,200 of the chairs it made. State the name(s) of the expense account shown on the income statement. Total assets Total expenses Name of the expense Required A Required B Determine the total amount of assets and the amount of expense shown on the year 1 financial statements assuming Munoz used the labor and materials to provide dental cleaning services to 500 patients. State the name(s) of the expense account shown on the income statement. Total assets Total expenses Name of the expense Use a horizontal statements model to indicate how each of the following independent accounting events affects the elements of the balance sheet and the income statement. Indicate whether the event increases (1), decreases (D), increases and decrease (ID) or does not affect (NA) each element of the statements. The first two transactions are shown as examples. Required 1. Paid cash to purchase raw materials. 2. Recorded cash sales revenue. 3. Paid cash for actual manufacturing overhead cost. 4. Closed the Manufacturing Overhead account when overhead was overapplied. 5. Transferred cost of completed inventory to finished goods. 6. Paid cash for wages of production workers. 7. Paid cash for salaries of selling and administrative personnel. 8. Recorded adjusting entry to recognize amount of manufacturing supplies used (the company uses the periodic inventory method to account for manufacturing supplies). Balance Sheet Income Statement Event Number Common Retained Net Assets Liabilities + Stock Earnings Revenue Expenses Income Increases and 1. S + decreases 2. Increases + + Increases Increases = Increases 3. = S 4. = + S 5. = S 6 7. + S 8. + SFranklin Company and Gibson Company assign manufacturing overhead to Work in Process Inventory using direct labor cost. The following information is available for the companies for the year: Franklin Company Gibson Company Actual direct labor cost $ 146,000 $ 171,000 Estimated direct labor cost 151,000 106,000 Actual manufacturing overhead cost 54,800 90,500 Estimated manufacturing overhead cost 64,930 87,980 Required 3. Compute the predetermined overhead rate for each company. b. Determine the amount of overhead cost that would be applied to Work in Process Inventory for each company. c. Compute the amount of overapplied or underapplied manufacturing overhead cost for each company. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the predetermined overhead rate for each company. Note: Round your answers to 2 decimal places. Predatorminod Overhead Franklin Company direct labor dollar Gibson Company direct labor dollar Required A Required B Required C _____________ Required B Determine the amount of overhead cost that would be applied to Work in Process Inventory for each company. Note: Do not round intermediate calculations. Franklin Company Gibson Company Required A Required B Required C Compute the amount of overapplied or underapplied manufacturing overhead cost for each company. Note: Do not round intermediate calculations. Manufacturing Overhead Amount Over / Under Applied Franklin Company Gibson Company Baird Corporation began fiscal Year 2 with the following balances in its inventory accounts. Raw Materials 3; 55,400 Work in Process 83,900 Finished Goods 27,700 During the accounting period, Baird purchased $239,400 of raw materials and issued $249,300 of materials to the production department. Direct labor costs for the period amounted to $323,200, and manufacturing overhead of $47,400 was applied to Work in Process Inventory. Assume that there was no over or underapplied overhead. Goods costing $611,600 to produce were completed and transferred to Finished Goods Inventory. Goods costing $600,300 were sold for $801,300 during the period. Selling and administrative expenses amounted to $70,400. Required 3. Determine the ending balance of each of the three inventory accounts that would appear on the yearend balance sheet. b1. Prepare a schedule of cost of goods manufactured and sold. b2. Prepare an income statement. Complete this question by entering your answers in the tabs below. Req A Req Bl Req BZ Determine the ending balance of each of the three inventory accounts that would appear on the year-end balance sheet. Ending Balance Raw materials Work in process Finished goods Req A Reg 32 Prepare a schedule of cost of goods manufactured and sold. Raw materials available Total manufacturing costs Total work in process inventory Cost of goods manufactured Goods available for sale Cost of goods sold \fThe following information pertains to Rundle Manufacturing Company for March Year 3. Assume actual overhead equaled applied overhead. March 1 Inventory balances Raw materials $ 123,809 Work in process 118,500 Finished goods 77,409 March 31 Inventory balances Raw materials $ 85,500 Work in process 146,109 Finished goods 81,300 During March Costs of raw materials purchased $ 119,200 Costs of direct labor 100,309 Costs of manufacturing overhead 61,400 Sales revenues 352,009 Requked 3. Prepare a schedule of cost of goods manufactured and sold. b. Calculate the amount of gross margin on the income statement. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a schedule of cost of goods manufactured and sold. Required A Required B Prepare a schedule of cost of goods manufactured and sold. Raw materials available for use Direct raw materials used Total manufacturing costs Total work in process inventory Cost of goods manufactured Cost of goods available for sale Cost of goods sold Required A Required B Calculate the amount of gross margin on the income statement.