Please help, not sure if this is correct
After categorizing the costs, we need to record the transactions for our business for the year. Assume Troll House Cookies uses process costing and allocates manufacturin overhead costs, and to use 400 direct labor hours during fiscal year 2024. Troll House Cookies reported the following inventories at May 31, 2024: Requirements: 2. Compute the Cost of Goods Manufactured by completing the Cost of Goods Manufactured Schedule using the following cost data and account balances: 3. Compute the Cost of Goods sold by completing the Cost of Goods Sold Schedule using the coGM found in part 2 and the account balances listed above. 4. Compute the predetermined overhead allocation rate for fiscal year 2024. Use the blue shaded areas for inputs. 5. Use Excel to journalize the journal entries in the general journal. The account titles are avaliable when you click the down-arrow. Use the increase indent button o \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline & & & & & \multicolumn{3}{|c|}{ manufactured assuming 110,000 unies were manufactured. } \\ \hline \multicolumn{3}{|c|}{ Fremont Troll House Cookles } & & & & & \\ \hline \multicolumn{3}{|c|}{ Schedule of cost of Goods Manufactured } & & & Cost of Goods Manufactured & 202,500,00 & \\ \hline \multicolumn{3}{|c|}{ Month Ended March 31.2018} & & & Total Units Produced & 110,000 & \\ \hline & & & & & Unit Product Cost & 1.84 & sin2 \\ \hline & & & & & & & \\ \hline Beginning Work-in-Process inventory & & & $10,000 & & & & \\ \hline \multicolumn{8}{|l|}{\begin{tabular}{l} Direct Materials Used: \\ Beginging Direct Materials \end{tabular}} \\ \hline Beginning Direct Materials & $50,000 & & & & & & \\ \hline Direct Materials Purchased & 90,000 & & & \multicolumn{4}{|c|}{ 'Make sure you only include direct materials in the direct materials used ca } \\ \hline Direct Materlals Avallable for Use & 140,000 & & & & 6 & & \\ \hline Ending Direct Materials & (60,000) & & & & & 18 & \\ \hline Direct Materials Used & & $80.000 & 5 & & & & \\ \hline Direct Labor & & 50,000 & & & & & \\ \hline Manufacturing Overhead: & & & & * & & & \\ \hline Plant Utilities, Insurance, and Property Taxes & 1,000 & & & & & & \\ \hline Depreciation - Plant and Equlpment & 10,000 & & & & & & \\ \hline Indirect Labor & 50,000 & & & & & & \\ \hline Indirect Materials & 6,500 & & & & & & \\ \hline Manufacturing Overhead & & 67,500 & & & & & \\ \hline Fotal Manufacturing Costs Incurred during Period & & & 197500 & & & A. & \\ \hline Total Manufacturing Costs to Account For & & & 207,500 & & & & \\ \hline Endine Work-in-Process Inventory & & & {[5,000)} & & & & \\ \hline Cost of Goods Manufactured & & & 202,500 & & & & \\ \hlinez1 & & & & & & & \\ \hline \end{tabular}