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please pleae i need someone to answe these question step by step and clearly with an explain I have an exam about it today.somone answer it to me before but i couldn't understan how they solve it

Exercise 2 any leasily will decrease then we pay caugh Gold Nest Corporation manufactures furniture. Due to a fire in the administrative offices, the accounting records for November of the current year were partially destroyed. You have been able to plece together the following Information from the ledger. Raw Material WIP Fineshed Goods $ 8.000 35000 $ 40 000 troom -Cons- and $ 45,000 COGS Sales OH Actual $ 65,000 Salary Payable Account Payable $ 12.000 Account Receivables $ 8.000 Co $ 1.500 and 285001 You were able to gather the following additional information: a) Collections of accounts receivable during November amounted to $205,000 b) Sales revenue in November was 120 percent of cost of goods sold. All sales are on account. c) Overhead is applied using an annual predetermined overhead rate using direct labor hours (based on practical capacity). [S A d) The budgeted overhead for the current year is $720,000, 20 15 e) Budgeted direct-labor cost for the current year is $960,000. The direct-labor rate is $20 per hour. f) The accounts payable balance on November 30 was $1,000. Only purchases of raw material are credited to accounts payable. A payment of $81,000 was made on November 15. 8) November's cost of goods sold amounted to $180,000 h) The November 30 balance in finished-goods inventory was $5,000. i) Payments of $79,500 were made to direct-labor employees during November. The October 31 balance in the Wages Payable account was $1,000 1) The actual manufacturing overhead for November was $65,000 k) An analysis of the furniture still in process on November 30 revealed that so far these items have required 500 hours of direct labor and $20,500 of direct material. Required (Show all your calculations to receive full points). T-Accounts are also in the Excel file. 1. Prepare a Schedule of Cost of Goods Manufactured 2. Prepare a Schedule of Cost of Goods Sold Hint: it may be useful to complete all the T-Accounts to solve the exercise