please help, its due today and please type...

QUESTION 2 (20 MARKS) This question is divided into two unrelated parts, parts A and B. Please read the information provided under each part and answer the questions thereof. PART A NamTech had the following inventories on April 1, 2021: N$ 50 000 28 000 Raw Material Finished Goods WIP-Material WIP - Labour 2 000 30 000 12 000 WIP - FOH In the course of the month, the cost of material purchased was N$120 000, direct labor cost incurred was N $160 000 and factory overhead applicable to production was N$60 000. On April 30, 2021, inventories were as follows: N$ Item description Raw Material Finished Goods 46 000 44 000 WIP - Material 10 000 18 000 WIP - Labour WIP - FOH 8 000 REQUIRED: MARKS 2.1 Prepare journal entries to record all the above information on April 30. Narrations are not required. 10 2.2 Explain the following terms in relation to construction contracts (a) Certified work (b) Retention money (c) Uncertified work TOTAL MARKS FOR PART A 227 1 15