Help please...

Froya Fabrikker A/S of Bergen, Norway, is a small company that manufactures specialty heavy equipment for use in North Sea oil fields. The company uses a job-order costing system that applies manufacturing overhead cost to jobs on the basis of direct laborhours. its predetermined overhead rate was based on a cost formula that estimated $336,000 of manufacturing overhead for an estimated allocation base of 1.050 direct labor-hours. The following transactions took place during the year: a. Raw materials purchased on account, $245,000. b. Raw materials used in production (all direct materials), $230.000. c. Utility bills incurred on account, $68,000 (85\% related to factory operations, and the remainder related to selling and administrative activities) d. Accrued salary and wage costs: e. Maintenance costs incurred on account in the factory, $63,000 1. Advertising costs incurred on account, $145,000 9. Depreciation was recorded for the year, $81,000 (70\% related to factory equipment, ahd the remainder related to selling and administrative equipment). h. Rental cost incurred on account, $106,000 (75\% related to factory facilities, and the remainder related to selling and administrative. facilities). 1. Manufactuning overhead cost was applied to jobs. \$ ? J. Cost of goods manufactured for the year, $860,000. K. Sales for the year (all on occount) totaled $1,650,000. These goods cost $890,000 according to their job cost sheets. The balances in the inventory accounts at the beginning of the year were: Required: 1 Prepare journal entries to record the preceding transactions. 2. Post yout entries to T-accounts. (Don't forget to enter the beginning inventory balances above.) 9. Prepare a schedule of cost of goods manufactured 4A. Prepore a journal entry to close amy balance in the Manufacturing Overhead account to Cost of 600ds Sold. 48 . Prepare a schedule of cost of goods sold. 5. Prepare an income statement for the yeac. Complete this question by entering your answers in the tabs below. Prepare-an income statement for the yebr. Required: 1. Prepare journal entries to record the preceding transactions. 2. Post your entries to T-accounts. (Don' forget to enter the beginning inventory bafances above) 3. Prepare a schedule of cost of goods manufactured 4A. Prepare a journal entry to close any balance in the Monufacturing Overhead account to Cost of Goods Sold. AB. Prepare a schedule of cost of goods sold 5. Prepare an income statement for the year Complete this question by entering your answers in the tabs below. Prepare journal entries to record the preceding transactions. (If no entry is required for a transactiorvevent, select "No journal entry required in the first account field.) Journal entry worksheet 234567812> The raw materials were purchased for use in production, $245,000 on account: Notes Enter detiks betore ordits. Complete this question by entering your answers in the tabs below. Prepare journal entries to record the preceding transactions. (If no entry is required for a trans required" in the first account field.) Journal entry worksheet \begin{tabular}{|l|l|lllll} 1 & 7 & 8 & & 12 & > \end{tabular} The raw materials used in production (all direct materials), $230,000. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare journal entries to record the preceding transactions. (If no entry is required for a transacti required" in the first account field.) Journal entry worksheet The utility bills were incurred on account, $68,000 ( 85% related to factory operations, and the remainder related to selling and administrative activities). Note: Enter debits before credits. 1. Prepare journal entries to record the preceding transactions. 2. Post your entries to T-accounts. (Don't forget to enter the beginning inventory balances above.) 3. Prepare a schedule of cost of goods manufactured. 4A. Prepare a journal entry to close any balance in the Manufacturing Overhead account to Cost of Goods Sold 4B. Prepare a schedule of cost of goods sold. 5. Prepare an income statement for the year. Complete this question by entering your answers in the tabs below. Prepare journal entries to record the preceding transactions. (If no entry is required for a transaction/event, select " required" in the first account field.) Journal entry worksheet The salary and wage costs accrued were $275,000 (Direct labor), $99,000 (Indirect labor), $155,000 (Selling and administrative salaries). Note: Enter debits before credits. AB. Prepare a schedule of cost of goods sold. 5. Prepare an income statement for the year. Complete this question by entering your answers in the tabs below. Prepare journal entries to record the preceding transactions. (If no entry is required for a transaction/e required" in the first account field.) Journal entry worksheet 7812> The maintenance costs were incurred on account in the factory, $63,000. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare journal entries to record the preceding transactions. (If no entry is required for a transactio required" in the first account field.) Journal entry worksheet > The entry for manufacturing overhead cost applied to jobs. Note: Enter debits before credits. 2. Post your entries to T-accounts. (Dont forget to enter 4A. Prepare a journal entry to close any balance in the Manufacturing Overhead account to Cost of C 4B. Prepare a schedule of cost of goods sold. 5. Prepare an income statement for the year. Complete this question by entering your answers in the tabs below. Prepare journal entries to record the preceding transactions. (If no entry is required for a transaction/eve required" in the first account field.) Journal entry worksheet The cost of goods manufactured for the year, $860,000 Note: Enter deblts before credits. requirea: 1. Prepare journal entries to record the preceding transactions: 2. Post your entries to T-accounts. (Don't forget to enter the beginning inventory balances above.) 3. Prepare a schedule of cost of goods manufactured. 4A. Prepare a joumal entry to close any balance in the Manufacturing Overhead account to Cost of Goods 4B. Prepare a schedule of cost of goods sold. 5. Prepare an income statement for the year. Complete this question by entering your answers in the tabs below. Prepare journal entries to record the preceding transactions. (If no entry is required for a transaction/event, sel required" in the first account freld.) Journal entry worksheet 15678910 12> The sales for the year (all on account) totaled $1,650,000. Note: Enter debits before credits. 4A. Prepare a joumal entry to close any balance in the Manufacturing 4B. Prepare a schedule of cost of goods sold. 5. Prepare an income statement for the year. Complete this question by entering your answers in the tabs below. Prepare joumal entries to record the preceding transactions. (If no entry is required for a transaction/even required" in the first account field.) Journal entry worksheet The goods cost $890,000 according to their job cost sheets. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Post your entries to T-accounts. (Don't forget to enter the beginning inventory balances above.) 6 Req 1 Rea 3? Required: 1. Prepare journal entries to record the preceding transactions. 2. Post your entries to T-accounts. (Don't forget to enter the beginning inventory balances above.) 3. Prepare a schedule of cost of goods manufactured. 4A. Prepare a journal entry to close any balance in the Manufacturing Overhead account to Cost of Goods 4B. Prepare a schedule of cost of goods sold. 5. Prepare an income statement for the year. Complete this question by entering your answers in the tabs below. Prepare a schedule of cost of goods manufactured. Prepare a journal entry to close any balance in the Manufacturing Overhead account to Cost of Goods Sold. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Record the entry to close any balance in the manufacturing overhead account to cost of goods sold. Note: Enter debles before credits. Complete this question by entering your answers in the tabs below. Prepare a schedule of cost of goods sold. Complete this question by entering your answers in the tabs below. Prepare an income statement for the year