Please put the information in journal entries and t accounts

Let's get started. We are going to make two batches of chicken pot pies. As a factory, we anticipated or estimated manufacturing overhead at $2,000,000. Our cost driver is determined to be direct labor. We have estimated direct labor hours of 100,000. Therefore, our predetermined overhead rate is: per direct labor hour Therefore, the standard cost per pot pie can be computed at: $0.25 $0.20 Dir. mat. Dir. labor (.02 hours @ $10 per hour) MOH 0.02 hours @_ per hour) Standard cost per pie You will need the following T accounts: Manufacturing Overhead Wages/Accounts Payable Work in Process Selling, General & Administrative Expense (SGS) Raw Material Inventory - Beginning Balance $40,000 Supply Inventory - Beginning Balance $5,000 Accumulated Depreciation You will need the following T accounts: Manufacturing Overhead Wages/Accounts Payable Work in Process Selling, General & Administrative Expense (SG&) Raw Material Inventory - Beginning Balance $40,000 Supply Inventory - Beginning Balance $5,000 Accumulated Depreciation Finished Goods Cost of Goods Sold Accounts Receivable Sales Revenue Let's get started. We are going to make two batches of chicken pot pies. As a factory, we anticipated or estimated manufacturing overhead at $2,000,000. Our cost driver is determined to be direct labor. We have estimated direct labor hours of 100,000. Therefore, our predetermined overhead rate is: per direct labor hour Therefore, the standard cost per pot pie can be computed at: $0.25 $0.20 Dir. mat. Dir. labor (.02 hours @ $10 per hour) MOH 0.02 hours @_ per hour) Standard cost per pie You will need the following T accounts: Manufacturing Overhead Wages/Accounts Payable Work in Process Selling, General & Administrative Expense (SGS) Raw Material Inventory - Beginning Balance $40,000 Supply Inventory - Beginning Balance $5,000 Accumulated Depreciation You will need the following T accounts: Manufacturing Overhead Wages/Accounts Payable Work in Process Selling, General & Administrative Expense (SG&) Raw Material Inventory - Beginning Balance $40,000 Supply Inventory - Beginning Balance $5,000 Accumulated Depreciation Finished Goods Cost of Goods Sold Accounts Receivable Sales Revenue