I need to help section 2 and 3

Saved Homework You are to maintain records and produce measures of inventories to reflect the July events of this company. The June 30 balances Raw Materials Inventory. $31,000; Work in Process Inventory, $7,985 ($3,260 of direct materials and $4,725 of conversion); Finished Goods Inventory, $120,000: Sales, $0. Cost of Goods Sold, $0: Factory Payroll Payable, $O: and Factory Overhead, $o 1. Prepare journal entries to record the following July transactions and events. a. Purchased raw materials for $175,000 cash (the company uses a perpetual inventory system) b. Used raw materials as follows: direct materials, $45,040; and indirect materials, $16,000 c. Recorded factory payroll payable costs as follows: direct labor, $217250, and indirect labor $31,000 d. Paid factory payroll cost of $248.250 with cash (ignore taxes) e. Incurred additional factory overhead costs of $92,000 paid in cash. f. Allocated factory overhead to production at 50% of direct labor costs. View transaction list View journal entry worksheet No Transaction General Journal Credit Raw materials inventory 175.000 Cash 175,000 Factory overhead Work in process inventory 16,000 45,040 Raw materials inventory 61,040 Work in process inventory 217 250 31,000 C. Factory overhead Factory wages payable 248 250 Factory wages payable 248,250 Cash 248.250 5eFactory overhead 92,000 Cash 92,000 Work in process inventory 108,626 Factory overhead 108,625 2. Information about the July inventories follows. Use this information with that from part 1 to prepare a process cost summary assuming the weighted-average method is used. (Round "Cost per EUP" to 2 decimal places.) Units Beginning inventory Started Ending inventory 9,000 units 12,000 units 6,000 units Beginning inventory Materials-Percent complete Conversion-Percent complete 100% 88% Ending inventory Materials-Percent complete Conversion-Percent complete 100% 40% Total costs to account for Cost of beginning work in process Costs incurred this period Total costs to account for 7,985 7,985 it reconciliation: Units to account for: Beginning work in process inventory units Units started this period Total units to account for 9,000 12,000 21,000 Total units accounted for: Units completed and transferred out Ending work in process- units 15,000 6,000 21,000 Total units accounted for weighted average method Units % Materials EUP-Materials % Labor EUP Units completed and transferred out 15,000 6,000 21,000 100% 15.000 6,000 21,000 100% 15,000 2,400 17,400 40% Total units Unit reconciliation Units to account for: Beginning work in process inventory units Units started this period Total units to account for 9,000 12,000 21,000 Total units accounted for: Units completed and transferred out 15,000 Ending work in process- units Total units accounted for Equivalent units of production (EUP) weighted average methood 21,000 Units EUP % Materials 100% 100% EUP-Materials 15,000 6,000 21,000 % Labor Units completed and transferred out 15,000 6,000 1,000 100% 40% 15,000 2.400 17,400 nding work in process- units Total units Cost per equivalent unit of production Cost of beginning work in process Costs incurred this period Total costs Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Total costs accounted for: Cost of units transferred out Materials Conversion Costs EUP Costs EUP EUP Cost per EUP Total cost ITTITTTI1 Direct materials Total costs transferred out Costs of ending goods in process EUP Cost per EUP Total costT1T Direct materials S0.00 Conversion 0.00 Total cost of ending goods in process Total costs accounted for Total cost of ending goods in process Total costs accounted for 3. Using the results from part 2 and the available information, make computations and prepare journal entries to record the following g. Total costs transferred to finished goods for July es h. Sale of finished goods costing $295,700 for $685,000 in cash. View transaction list Journal entry worksheet Record the cost of goods sold. Note: Enter debits before credits Transaction General journal Debit Credit Record entry Clear entry iew general journal