Hello I need help with the completion of this assignment,

Required:

1. Open ledger accounts (t-accounts) for; raw materials inventory, factory overhead, work in process inventory, finished goods inventory, cost of goods sold, and sales. Post the beginning inventory amounts to the appropriate t-accounts.

2. Record transactions 1 through 10 in the t-accounts.

3. Calculate the dollar amount for gross profit.

You must enable macros in order fo Please visit the Microsoft Office Support sit Contact the World Campus Helpdesk s in order for this assignment to function. e Support site for documentation and instructions. us Helpdesk if you continue to have trouble. . Job Order Costing Rizzoli Construction Inc. is a home builder and uses a job order cost system where each house built is a job. The company applies overhead based on direct labor hours. Rizzoli has compiled he following information related to beginning inventory dollar amounts and transactions related to jobs 1 and 2: Beginning raw materials inventory Beginning work in process inventory Beginning finished goods inventory Record the following transactions in the company's t-accounts 1. Purchased raw materials on account: 2. Paid cash direct labor manufacturing wages for job 1 3. Paid cash direct labor manufacturing wages for job 2 4. Direct materials used in production:for job 1 5. Direct materials used in production:for job 2 6. Paid cash for actual factory overhead costs:for all jobs 7. Allocated factory overhead based on % of direct labor costs for job 1 8. Allocated factory overhead based on % of direct labor costs for job 2 9. Completed job 1 and transferred costs to finished goods 10. Sold house produced by job 1. The house was sold for cash. Selling price for house is: Required: 1. Open ledger accounts (t-accounts) for: raw materials inventory, factory overhead, work in process inventory, finished goods inventory, cost of goods sold, and sales. Post the beginning inventory amounts to the appropriate t-accounts. 2. Record transactions 1 through 10 in the t-accounts. 3. Calculate the dollar amount for gross profit. Hint* There are two entries for # 10. Hint* You do not have t-accounts for cash, and accounts payable, therefore debits will not equal credit for all transactions. Use the area b (*Note: Your instructor m t system where each labor hours. Rizzoli y dollar amounts and Amount $29,811 $0 $0 Raw materials inventory Entry # Debit Beg inv Credit Bal Entry # Factory overhead Debit Credit Amount $61,020 $22,525 $43,620 $16,058 $32,658 $23,754 101% 101% $150,431 Bal Requirement 3 Gross profit actory overhead, work nd sales. Post the herefore debits will not Use the area below to show your work and calculations. (*Note: Your instructor may use this area to help review and resolve any incorrect answers) Work in process inventory Entry # Debit Beg inv Credit Bal Finished goods inventory Entry # Debit Beg inv Credit Bal Entry # Cost of goods sold Debit Credit Bal Entry # Bal d calculations. e any incorrect answers) Sales Debit Credit 1.007241