i need it in T charts

Califomia Entertainment Co. had the attached trial balance at January 1, 20X1. The company uses job order costing to account for its manufacturing operations. During 20X1, the company had the attached summarized transactions. REQUIRED: (1) (2) Set up T accounts for the following general ledger accounts: Raw Materials Inventory, Work in Process Inventory, Finished Goods Inventory, Cost of Goods Sold, and Manufacturing Overhead. Record the appropriate beginning balances and the transactions from the information provided. After recording the above transactions, compute the ending balances in all of the accounts before any adjustment for over- or underapplied manufacturing overhead. Calculate the over- or underapplied manufacturing overhead for the year. Prepare a statement of cost of goods manufactured for 20X 1 using the applied manufacturing overhead costs. Prepare an income statement for 20X1. adjusting the cost of goods sold for over- or underapplied manufacturing overhead. (5) I Credits CALIFORNIA ENTERTAINMENT CO. TRIAL BALANCE AT JANUARY 1, 20X1 Account Debits Cash s 30.000 Accounts Receivable 45,000 Raw Materials Inventory 15.000 Work in Process Inventory 35.000 Finished Goods Inventory 40.000 Property. Plant, and Equipment 500,000 Accumulated Deprec. --Property, Plantand Equipment S Accounts Payable Common Stock Retained Eaming Totals 665,000 $ 100,000 65.000 2.50,000 2.50,000 665.000 I htpol CALIFORNIA ENTERTAINMENT CO. LIST OF SUMMARIZED TRANSACTIONS FOR YEAR ENDING DECEMBER 31, 20X1 (a) Raw materials purchased on account were $90,000. (b) Raw materials used in production amounted to $80,000, of which 90% represented direct materials and the remainder represented indirect materials. (c) Wages and salaries were incurred in the following amounts: direct labor, 582,000; indirect labor, 534,000; and selling and administrative salaries, $70,000. (d) Depreciation expense for theyear was $45,000. Ofthis amount, 80% was for manufacturing and the remainder was for nonmanufacturing equipment te) Insurance expense for the year was $6,000, of which 80% was for manufacturing to other manufacturing overhead costs amounted to $22,000. Other selling and administrative costs totaled $34,000. Sales revenue for the year was $400.000 (g) Manufacturing overhead is applied to production at a rate of 1 50% of direct materials cost. Any under- or overapplied manufacturing overhead is considered insignificant and is charged to cost of goods sold. (h) Cost of goods manufactured for the period was $252,000. 60 Finished goods inventory decreased by $10,000 during the year. I CALIFORNIA ENTERTAINMENT CO. T ACCOUNTS FOR GENERAL LEDGER ACCOUNTS FOR YEAR 20X1 Raw Materials Inventory Work in Process Inventory BB BB EB EB Finished Goods Inventory Cost of Goods Sold BB EB EB Manufacturing Overhead Control