prepare the following journal entries

You recently began an internship in the accounting department of Front Range Furniture. As your first assignment, you were asked to perform a cost analysis and reporting for the year ended December 31, 20\%. The following calendar year-end information is taken from the December 31,20x, adjusted trial balance and the records of Front Range Furniture. 5. Prepare the following journal entries from the information in the table above. You may complete the journal entries first, then go back and finish filling in the T-accounts in requirement $4 if this helps you work through this problem. Record the following transactions: A. Purchases of raw materials inventory on account for the year. B. Assignment of materials costs to Goods-in-Process inventory (all materials are considered direct). C. Payment of Factory Payroll in cash. D. Assignment of Factory Payroll to Goods-in-Process Inventory and Factory Overhead. E. Record all other Factory Overhead. Assume everything except Depreciation is paid in cash. F. Assignment of Factory Overhead to Goods-in-Process Inventory, assuming the company uses a POHR of 75% of Direct Labor. G. Transfer of goods completed to Finished Goods Inventory. H. Recording of Cost of Goods Sold. 1. Make your adjusting entry for any over- or under-applied Factory Overhead