Please help, requirements 1-5. Thank you!

Froya Fabrikker A/S of Bergen, Norway, is a small company that manufactures specialty heavy equipment for use in North Sea oil fields. The company uses a job-order costing system that applies manufacturing overhead cost to jobs on the basis of direct labor-hours. Its predetermined overhead rate was based on a cost formula that estimated $349,800 of manufacturing overhead for an estimated allocation base of 1,060 direct labor-hours. The following transactions took place during the year a. Raw materials purchased on account, $230,000 b. Raw materials used in production (all direct materials) $215,000. c. Utility bills incurred on account, $65,000 (85% related to factory operations, and the remainder related to selling and administrative activities) d. Accrued salary and wage costs: Direct labor (1,135 hours) Indirect labor Selling and administrative salaries $ 260,000 $ 96,000 $ 140,000 e. Maintenance costs incurred on account in the factory, $60,000 f Advertising costs incurred on account, $142,000. g. Depreciation was recorded for the year. $90,000 (75% related to factory equipment, and the remainder related to selling and administrative equipment). h. Rental cost incurred on account, $115,000 (80% related to factory facilities, and the remainder related to selling and administrative facilities). 1. Manufacturing overhead cost was applied to jobs, $_?__ J. Cost of goods manufactured for the year, $830,000. k. Sales for the year (all on account) totaled $1,500,000. These goods cost $860,000 according to their job cost sheets. The balances in the inventory accounts at the beginning of the year were: Raw Materials Work in Process Finished Goods $36,000 $ 27,000 $ 66,000 Required: 1. Prepare journal entries to record the preceding transactions. 2. Post your entries to T-accounts. (Don't forget to enter the beginning inventory balances above.) 3. Prepare a schedule of cost of goods manufactured, 4A. Prepare a journal entry to close any balance in the Manufacturing Overhead account to Cost of Goods Sold. 48. Prepare a schedule of cost of goods sold, 5. Prepare an income statement for the year. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Reg 3 Reg 4A Req 4B Reg 5 Prepare journal entries to record the preceding transactions. If no entry is required for a transaction levent salert No Required: 1. Prepare journal entries to record the preceding transactions 2. Post your entries to T-accounts. (Don't forget to enter the beginning inventory balances above.) 3. Prepare a schedule of cost of goods manufactured. 4A. Prepare a journal entry to close any balance in the Manufacturing Overhead account to Cost of Goods Sold 4B. Prepare a schedule of cost of goods sold. 5. Prepare an income statement for the year. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Reg 3 Reg 4A Req 48 Reg 5 Prepare journal entries to record the preceding transactions. (If no entry is required for a transaction/event, select "No journal er required" in the first account field.) View transaction list Journal entry worksheet The raw materials were purchased for use in production, $230,000 on account. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general Journal Req 2 > Rega Re RA Re45 RES 171 Dot Post your entries to accounts. Don't forget to enter the beginning inventory balances above Art Hall Bog B End Bar E B Cost Code Set Beg Bal End E B Work In Process Maturing Ortad Bes Bal Beg B End, Bal End B Finished Goods Ating Expanse Beg Bar Beg Bal End End Bal Acumulated Depreciation begal End End ta Acounts Payaw Beg Bali Beg End End Bal Depreciation Bapte Salaries & Wages Pay Seg. Bagai End Sal End Bal Ron Eapen Beg Ba Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Req3 Req 4A Reg 4B Reg 5 Prepare a schedule of cost of goods manufactured. Froya Fabrikker A/S Schedule of Cost of Goods Manufactured Direct materials: Total raw materials available Direct materials used in production Total manufacturing costs added to production Total manufacturing costs to account for Cost of goods manufactured Check my work Complete this question by entering your answers in the tabs below. Reg 1 Req 2 Req3 Req 4A Req 48 Reg 5 Prepare a journal entry to close any balance in the Manufacturing Overhead account to cost of Goods transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Required: 1. Prepare journal entries to record the preceding transactions. 2. Post your entries to T-accounts. (Don't forget to enter the beginning inventory balances above.) 3. Prepare a schedule of cost of goods manufactured. 4A. Prepare a journal entry to close any balance in the Manufacturing Overhead account to Cost of Goods Sold 48. Prepare a schedule of cost of goods sold. 5. Prepare an income statement for the year. Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Reg 3 Req 4A Reg 4B Req 5 Prepare a schedule of cost of goods sold. Froya Fabrikker A/S + Schedule of Cost of Goods Sold Required: 1. Prepare journal entries to record the preceding transactions. 2. Post your entries to T-accounts. (Don't forget to enter the beginning inventory balances above.) 3. Prepare a schedule of cost of goods manufactured. 4A. Prepare a journal entry to close any balance in the Manufacturing Overhead account to Cost of Goods Sold 48. Prepare a schedule of cost of goods sold. 5. Prepare an income statement for the year. Complete this question by entering your answers in the tabs below. Req 1 Req 2 Reg 3 Req 4A Reg 4B Reg 5 Prepare an income statement for the year. Froya Fabrikker A/S Income Statement For the Year Ended Selling and administrative expenses: Req 4B Regs