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I need help filling out the chart for requirement 3 please. ignore the boxes I have already filled as I am not sure if they

I need help filling out the chart for requirement 3 please. ignore the boxes I have already filled as I am not sure if they are correct.

the journal entries are the box on the right.

thank you!!! :)

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x E4-29 (similar to) Reference The University of Concord Press is wholly owned by the university. It performs the bulk of its work for other university departments, which pay as though the press were an outside business enterprise. The press also publis job-costing system has two direct-cost categories (direct materials and direct manufacturing labor) and one indirect-cost pool (manufacturing overhead, allocated on the basis of direct manufacturing labor costs). The follow (Click the icon to view the data.) (1) 860 Read the requirements. 0 Data Table (2) (In thousands) 2,312 (11) Manufacturing Overhead Allocated Manufacturing Overhead Control Cost of Goods Sold 2,050 262 (3) $ 8604 710 (4) 1,360 930 Requirement 3. Show posted T-accounts for all inventories, Cost of Goods Sold, Manufacturing Overhead Control, and 100 1,360 930 480 2,290 Post entries (1) through (11) to the accounts below, then calculate the ending balance in each account. The beginning ba Review the journal entries from requirement 2. (5) 480 Work-in-Process Control 65 Materials Control 170 | Manufacturing Overhead Control 100 540 Materials Control Accounts Payable Control Work-in-Process Control Materials Control Manufacturing Overhead Control Materials Control Work-in-Process Control Manufacturing Overhead Control Wages Payable Control Manufacturing Overhead Control Accumulated Depreciation - Buildings and Manuf. Equipment Manufacturing Overhead Control Miscellaneous Accounts Work-in-Process Control Manufacturing Overhead Allocated Finished Goods Control Work-in-Process Control Accounts Receivable Control Revenues Cost of Goods Sold Finished Goods Control Manufacturing Overhead Allocated Manufacturing Overhead Control Cost of Goods Sold Direct materials and supplies purchased on credit Direct materials used Indirect materials issued to various production departments Direct manufacturing labor Indirect manufacturing labor incurred by various production departments Depreciation on building and manufacturing equipment Miscellaneous manufacturing overhead* incurred by various production departments (ordinarily would be detailed as repairs, photocopying, utilities, etc.) Manufacturing overhead allocated at 170% of direct manufacturing labor costs Cost of goods manufactured Revenues Cost of goods sold (before adjustment for under-or overallocated manufacturing overhead) Inventories, December 31, 2016 (not 2017): Materials Control Work-in-Process Control Finished Goods Control Bal. Bal. 930 2,312 4,120 8,200 2,312 (2) 860||| (3) 220 Bal. 710 100 (3) (4) (5) | (6) Bal. | (2) || (4) || Bal. 710 1360 480 5407 (1) Bal. (8) 4,120 4,050 Bal. 4,120 Bal. (9) 8,200 170 8,200 Manufacturing Overhead Allocated Cost of Goods Sold (10) 4,050 560 - Finished Goods Control 560 |(10) 1 4120 O C Bal. 4,050 N 4050 (10) 4050 (11) (11) 2312 (11) 2,312 Print Done (8) 2,050 262 Bal. L 630 Bal. Bal. 3790 Bal. L Bal. Bal. Print Done Choose from any list or enter any number in the input fields and then click Check

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