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Please help me solve requirement 2 and show working. I am not sure if what I have below is even correct. Homework: 2-1 My AccountingLab

Please help me solve requirement 2 and show working. I am not sure if what I have below is even correct.image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

Homework: 2-1 My AccountingLab Homework: Chapter 4 Question 6, P4-43 (similar to) Part 3 of 6 HW Score: 91.3%, 41.09 of 45 points Points: 1.19 of 5 Save Bubb Company uses normal costing in its job-costing system. The company produces custom bikes for toddlers. The beginning balances (December 1) and ending balances (as of December 30) in their inventory accounts are as follows: : (Click the icon to view the data.) (Click the icon to view the additional information.) Read the requirements More info - X Data table Additional information follows: Direct materials purchased during December were 566,000. Beginning k day Ending Balance b. Cost of goods manufactured for December was $231,000. Balance 12/1 12/30 No direct materials were returned to suppliers. Materials Control $ 1,800 $ 8,200 d. No units were started or completed on December 31 and no direct materials Cr were requisitioned on December 31. Work-in-Process Control 6,400 8,700 . The manufacturing labor costs for the December 31 working day: direct Manufacturing Department Overhead manufacturing labor, 54,150, and indirect manufacturing labor, $1,250 Control 0 92,500 f. Manufacturing overhead has been allocated at 150% of direct Finished Goods Control 4.100 19,100 manufacturing labor costs through December 31 $. EX a. c. e. Print Done Print Done Check answer VURIL LILI (1a) Work-in-Process Control Manufacturing Overhead Control Wages Payable Control 4,150 1,250 5,400 Now prepare the journal entry to allocate manufacturing overhead. Journal Entry Accounts (16) Work-in-Process Control Manufacturing Overhead Allocated Credit Debit 6,225 6,225 Requirement 2. Use T-accounts to compute the following transactions (Click the icon to view the transactions.) For direct labor and manufacturing overhead in the Work-in-Process account, enter the amounts for 12/30 and 12/31 separately to get the correct ending balance for each date. (Abbreviation used: MOH = Manufacturing overhead; Materials req. = Materials requisitioned; COGM = Cost of goods manufactured; COGS = Cost of goods sold.) Materials Control Work-in-Process Control 12/1 Bal 1.800 12/1 Bal. 6.400 60000 Purchases 66000 Materials req. COGM 2310001 Materials req. 59600 Direct labor MOH allocated 77500 96000 12/31 Bal. 8200 12/31 Bal. 12/30 Bal. 8700 12/30 Bal. 41001 Purchases ivateriais req II LUGIVI 25 TUUU Materials req 59600 Direct labor 77500 MOH allocated 12/31 Bal. 8200 12/31 Bal. 12/30 Bal. 96000 8700 4100 12/30 Bal. Finished Goods Control 5150 4.100 12/31 Bal. 17950 12/31 Bal. 12/1 Bal. COGM 231000 COGS 216000 12/31 Bal. 12/31 Bal

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