Just need part 6, 7 and 8. That's all the information that is posted

Current Attempt in Progress Lott Company uses a job order cost system and applies overhead to production on the basis of direct labor costs. On January 1, 2020, Job 50 was the only job in process. The costs incurred prior to January 1 on this job were as follows: direct materials $24,600, direct labor $14,760, and manufacturing overhead $19,680. As of January 1, Job 49 had been completed at a cost of $110,700 and was part of finished goods inventory. There was a $18,450 balance in the Raw Materials Inventory account. During the month of January, Lott Company began production on Jobs 51 and 52, and completed Jobs 50 and 51. Jobs 49 and 50 were also sold on account during the month for $150,060 and $194,340, respectively. The following additional events occurred during the month. 1. Purchased additional raw materials of $110,700 on account. 2. Incurred factory labor costs of $86,100. Of this amount $19,680 related to employer payroll taxes. 3. Incurred manufacturing overhead costs as follows: indirect materials $20,910; indirect labor $24,600; depreciation expense on equipment $14,760; and various other manufacturing overhead costs on account $19,680. 4. Assigned direct materials and direct labor to jobs as follows. Job No. Direct Materials Direct Labor 50 $12,300 $6,150 51 47,970 30,750 52 36,900 24,600 Part 1 Your answer is correct. Calculate the predetermined overhead rate for 2020, assuming Lott Company estimates total manufacturing overhead costs of $1,033,200, direct labor costs of $861,000, and direct labor hours of 24,600 for the year. Predetermined overhead rate 120 % e Textbook and Media List of Accounts Attempts: 1 of 3 used Using multiple attempts will impact your score. 10% score reduction after attempt 2 Part 2 Your answer is correct. Prepare the journal entries to record (1) the purchase of raw materials, (2) the factory labor costs incurred, and (3) the manufacturing overhead costs incurred during the month of January. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (1) Raw Materials Inventory 110700 Accounts Payable 110700 (2) Factory Labor 86100 Factory Wages Payable 66420 Employer Payroll Taxes Payable 19680 (3) Manufacturing Overhead 79950 Raw Materials Inventory 20910 Factory Labor 24600 Accumulated Depreciation Equipment 14760 Accounts Payable 19680 e Textbook and Media List of Accounts Attempts: 2 of 3 used Using multiple attempts will impact your score. 10% score reduction after attempt 2 Part 3 Your answer is correct. Prepare the journal entries to record the assignment of (1) direct materials, (2) direct labor, and (3) manufacturing overhead costs to production. In assigning manufacturing overhead costs, use the overhead rate calculated in (a). (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (1) Work in Process Inventory 97170 Raw Materials Inventory 97170 (2) (2 Work in Process Inventory 61500 Factory Labor 61500 (3) Work in Process Inventory 73800 Manufacturing Overhead 73800 e Textbook and Media List of Accounts Attempts: 1 of 3 used 1 3 Using multiple attempts will impact your score, 10% score reduction after attempt 2 Part 4 Your answer is correct. Openjob cost sheets for Jobs 50, 51, and 52. Enter the January 1 balances on the job cost sheet for Job 50. Post all costs to the job cost sheets as necessary. . Job No. 50 Date Direct Materials Direct Labor Manufacturing Overhead Beg. $ 24600 $ 14760 $ 19680 Jan. 12300 6150 7380 36900 $ 20910 $ 27060 Cost of completed job Direct materials $ 36900 Cost of completed job Direct materials $ 36900 Direct labor 20910 Manufacturing overhead 27060 Total cost 84870 Job No. 51 Date Direct Materials Direct Labor Manufacturing Overhead Jan. $ 47970 $ 30750 $ 36900 $ 47970 $ 30750 $ 36900 Cost of completed job Direct materials $ 47970 Direct labor 30750 Manufacturing overhead 36900 Total cost 115620 Job No. 52 Date Direct Materials Direct Labor Manufacturing Overhead Jan. $ 36900 $ 24600 $ 29520 e Textbook and Media List of Accounts Attempts: 1 of 3 used Using multiple attempts will impact your score. 10% score reduction after attempt 2 Part 5 Your answer is correct. Prepare the journal entry to record the completion of any job(s) during the month. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Finished Goods Inventory 200490 Work in Process Inventory 200490 e Textbook and Media List of Accounts Attempts: 1 of 3 used Using multiple attempts will impact your score. 10% score reduction after attempt 2 Part 6 Prepare the journal entries to record the sale of any job(s) during the month. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (1) (To record sale of jobs) (2) (To record cost of jobs) e Textbook and Media List of Accounts Attempts: 0 of 3 used Submit Answer Save for Later Using multiple attempts will impact your score. 10% score reduction after attempt 2 Part 7 What is the balance in the Finished Goods Inventory account at the end of the month? What does this balance consist of? Finished Goods Inventory $ e Textbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit Answer Using multiple attempts will impact your score. 10% score reduction after attempt 2 Part 8 What is the amount of over- or underapplied overhead? Manufacturing Overhead $ e Textbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit Answer Using multiple attempts will impact your score. 10% score reduction after attempt 2