How to make journal entities for a -j?

Cross Court Pass of Dallas, TX is a family-owned enterprise that makes racquetball racquets for the US market. The company sells its racquets through an extensive network of street vendors who receive commissions on their sales. The company uses a job-order costing system in which overhead is applied to jobs on the basis direct labor cost. Its predetermined overhead rate is based on a cost formula that of manufacturing overhead for an estimated activity level of $40,000 direct labor beginning of the year, the inventory balances were as follows: estimated $60,000 dollars. At the Raw materials Work in process Finished goods $10,300 $4,600 S8,500 During the year, the following transactions were completed: Raw materials purchased for cash, $ 165,000 b. a. Raw materials used in production, $148,000 (materials costing $129,000 were charged directly to jobs; the remaining materials were indirect). Cash paid to employees as follows: c. $180,000 $190,400 Direct labor Indirect labor Sales commissions $20,000 Administrative salaries $40,000 Cash paid for rent during the year was $18,700 ($14,000 of this amount related to factory operations, d. and the remainder related to selling and administrative activities). e. Cash paid for utility costs in the factory, $15,000. f. Cash paid for advertising, $13,000 Depreciation recorded on equipment, $20,000. ($17,000 of this amount related to equipment used in factory operations; the remaining $3,000 related to equipment used in selling and administrative activities.) Manufacturing overhead cost was applied to jobs, $270,000 h. i Goods that had cost $225,000 to manufacture according to their job cost sheets were completed. Sales for the year (all paid in cash) totaled $499,000. The total cost to manufacture these goods according to their job cost sheets was $218,000. l Required t Prepare joumal entries to record the transactions for the year are T-accounts for each inventory account, Manufacturing Overhead, and Cost of Prep Goods Sold. Post relevant data from your journal entries to these T-accounts (don't forget to enter the beginning balances in your inventory accounts). Is Manufacturing Overhead underapplied or overapplied for the year? Prepare a journal entry to close any balance in the Manufacturing Overhead account to Cost of Goods Sold. 2. 3. 4. 5. Prepare an income statement for the year. (Do not prepare a schedule of cost of goods manufactured; all of the information needed for the income statement is available in the journal entries and T-accounts you have prepared.)