Need help with question #3

Manderlee Inc., a manufacturer of custom tiaras uses a JOB ORDER cost system. The following data summarize the operations related to production for April 2020, the first month of operations. a) Purchased Materials on account $38,000 b) Materials requisitioned from the stock room: Job Materials No. 607 $ 14,000 No. 608 12,000 Indirect Material 500 Total 26.500 c) Factory labor accrued for the month: Job Labor Hours No. 607 $ 2,500 50 hrs No. 608 1,000 20 hrs Indirect labor 500 Total 4.000 d) Factory Overhead costs incurred ON ACCOUNT, $5,000. e) The Factory overhead rate is $75 per Direct Labor Hour. () ONLY Job No. 607 was COMPLETED and transferred to Finished Goods during April. 1. Complete the Job Cost Sheet: Job DM DL FOR Total No. 607 3 75 20 250 No. 608 1500 14, 50Proper journal formatting required: Debit account(s) placed against the margin of the description column. Credit accounts(s) indented slightly from the debit account. Skip lines between transaction No descriptions needed. No $ 2. Journalize all transactions and calculate: a) Purchase of materials b) Material requisition c) Payment of wages d) Receipt of bill for Factory Overhead Costs =) Apply Factory Overhead f) Transfer of the completed job to finished goods GENERAL JOURNAL Page Date Description Ref Debit Credit 4r 2 2 3 3 4 4 15 Fadin deLod 5 6 6 7 7 9 9 10 10 11 11 12 4 5. 202 12 13 13 14 14 15 16 16 17 17 19 29 450 19 20 20 3. Balance the Accounts. Is the FOH over or under applied? Materials FOR WIP Finished Goods