Please complete the T accounts for Part B. I completed part A with correct answers. Thanks!

Question 1 Swifty Guitar Company makes high-quality customized guitars. Swifty uses a job order costing system. Because the guitars are handmade, the company applies overhead based on direct labor hours. At the beginning of the year, the company estimated that total manufacturing overhead costs would be $323,200 and that 20,200 direct labor hours would be worked. At year-end, Anthony, the company's founder and CEO, gives you the following information regarding Swifty's operations. 1. The beginning balances in the inventory accounts were: Raw Materials Inventory $8,200 Work in Process Inventory $25,600 Finished Goods Inventory $31,800 2. During the year, the company purchased raw materials costing $105,000. All purchases were made on account. 3. The production department requisitioned $95,000 of raw materials for use in production. Of those, 70% were direct materials and 30% were indirect materials. 4. The company used 20,400 direct labor hours at a cost of $13 per hour during the year (credit Wages Payable). 5. The company used 7,000 indirect labor hours at a cost of $11 per hour credit Wages Payable). 6. The company paid $178,400 for insurance, utilities, and property taxes on the factory. 7. The company recorded factory depreciation of $39,800. 8. The company applied manufacturing overhead to inventory based on the 20,400 labor hours actually worked during the year. 9. Products costing $668,000 were completed during the year and transferred to the Finished Goods Inventory. 10. During the year, the company sold products costing a total of $674,000. 11. The company closes under and overapplied overhead to Cost of Goods Sold. (a) Your answer is partially correct. Try again. Prepare journal entries for each of the transactions just listed. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Post entries in order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) 1. No Entry 0 No Entry 2. Raw Materials Inventory 105,000 Accounts Payable 105,000 (To record raw materials purchases) 3. Work in Process Inventory 66,500 Manufacturing Overhead 28,500 Raw Materials Inventory 95,000 (To record use of direct and indirect materials in production) 4. Work in Process Inventory 265,200 265,200 Wages Payable (To record direct labor payroll) 5. Manufacturing Overhead 77,000 Wages Payable 77,000 (To record indirect labor payroll) 6. Manufacturing Overhead 178,400 Cash 178,400 (To record other manufacturing overhead incurred) 7. Manufacturing Overhead 39,800 Accumulated Depreciation 39,800 (To record factory depreciation) 8. Work in Process Inventory 326,400 Manufacturing Overhead 326,400 (To apply manufacturing overhead) 9. Finished Goods Inventory 668,000 Work in Process Inventory 668,000 (To record transfer of completed products to finished goods) 10. Cost of Goods Sold 674,000 Finished Goods Inventory 674,000 (To record cost of sales) 11. Manufacturing Overhead 2,700 Cost of Goods Sold 2,700 (b) Using the information in the entries, record the transactions in T-accounts for Raw Materials Inventory, Work in Process Inventory, Finished Goods Inventory, Manufacturing Overhead, and Cost of Goods Sold. Show the ending balances for all accounts. (Post entries in order presented in the problem.) Raw Materials Bal. (2) v Bal. Work in Process Inventory Bal.