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PLEASE ANSWER WITH EXPLANATION :) only the second requirement for T charts! very important Exercise 7-24 (Algo) Assigning Costs to Jobs (LO 7-1) Barker Products

PLEASE ANSWER WITH EXPLANATION :)
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Exercise 7-24 (Algo) Assigning Costs to Jobs (LO 7-1) Barker Products is a job shop. The following events occurred in September: 1. Purchased $14,900 of materials on account. 2. Issued $16,400 in direct materials to the production department. 3. Purchased $12,900 of materials on account. 4. Issued $995 of supples from the materials imventory. 5. Paid for the materiais purchased in transaction (7). 6. Paid \$21,100 cash for utilisies, power, equipment maintenance, and other miscellaneous items for the manufactuting plant. 7 Incurred direct labor costs of $25,800, which were credited to Wages Payable. 8. Issued 51,395 of supplies from the materials inventory. 9. Applied overheod on the basis of 85 percent of $25,800 direct labor costs. 9. Appied overheod on the basis of 85 percent of $26,800 directlabor costs. The following balances appoored in the accounts of Barket Products for September: Required: a. Prepare journal entries to record the transactions. b. Prepare T-accounts to show the flow of costs during the period from Materials inventory through Cost of Goods Sold. Complete this question by entering your answers in the tabs below

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