i need both t accounts and journal entries please

2 Exercise 7-24 (Algo) Assigning Costs to Jobs (LO 7-1,2) Forest Components makes aircraft parts. The following transactions occurred in bu si 1 Purchased 516,970 of materials on account 2.wed 516.820 in direct materials to the production department Issued $1230 of supplies from the materials inventory 4. Pard for the materials purchased in transaction () using cash 5. Betumed 52.080 of the material issued to production into the inventory laboremployees med 522 HDD, which was and in can 2. Purchased miscellaneous les for the manufacturing plan for $1.220 on account 8. Recognized depreciation on manufacturing plant of SSS Applied manufacturing overhead for the month Forest uses normal costing. It applies Overhead on the basis of direct labor costs using an annual predeterminate Arthe teging of the year, management estimated that corecta con for the year would be 35.00 Estimated verhead for the year was 54001906 The following botonces appeared in the inventory accounts of forest components for July teritory irry With Goods tofa 51.420 we 6.100 Required: e. Per journaltnes to record these transactions Prepur accounts to show the flow of costo during the period from Material ventory through cost of Coods Sot Materials Inventory Work-in-Process Inventory Finished Goods Inventory Cost of Goods Sold ? 2 $2,630 ? $12,420 10,550 6,989 75,000 Required: a. Prepare journal entries to record these transactions b. Prepare T-accounts to show the flow of costs during the period from Materials Inventory through cost of Goods Sold Complete this question by entering your answers in the tabs below. Required A Required B Prepare T-accounts to show the flow of costs during the period from Materials Inventory through cost of Goods Sold Materials inventory Work in Process inventory Beg bal Bog bal Transferred to Finished Goods End bel End tool