P.S ***It was marked as missing info - but I've included all parts of the question. This question has 4 parts, I've included the options for the sections that had a dropdown to choose from.

Perez Manufacturing Corporation was started with the issuance of common stock for $70,000. It purchased $7,300 of raw materials and worked on threejob orders during Year 1 for which data follow. (Assume that all transactions are for cash unless otherwise indicated.) Direct Raw Direct Materials Used Labor Job 1 $1,400 $1,800 Job 2 1,900 3,900 Job 3 2,800 2,000 Total $6,100 $7,700 Factory overhead is applied using a predetermined overhead rate of $0.60 per direct labor dollar. Jobs 2 and 3 were completed during the period and Job 3 was sold for $10,300 cash. Perez paid $600 for selling and administrative expenses. Actual factory overhead was $5,020. Required a. Record the preceding events in a horizontal statements model. The first event for Year 1 has been recorded as an example. c. Record the closing entry for over or underapplied manufacturing overhead in the horizontal statements model, assuming that the amount is insignificant. d. Prepare a schedule ofcost of goods manufactured and sold, an income statement, and a balance sheet for Year 1. Complete this question by entering your answers in the tabs below. Req D CGM Req D Inc Req D Bal Req A and C E Sched Stmt Sheet Record the preceding events in a horizontal statements model. Record the closing entry for over- or underapplied manufacturing overhead in the horizontal statements model, a55I amount is insignificant. The rst event for Year 1 has been recorded as an example. (Record each item separately. Enter costs of each job individually. Enter any decreases to acco with a minus sign.) Cash 70,000 + + + + 70,000 + + + + + + + + + + + + + + + Manufacturing Overhead + + + + + + + + + + + + + + + 0+ + + + + Assets Raw Material + + + + + + + + + + + + + + + + 1+ + + + Work In Process + + + + + + 0 + + + + + + + + + + + + + + Finished Goods Common Stock Expense = II II O= = Net Income 0complete this question by entering your answer below. Req A and C Req D CGM Req D Inc Req D Bal Sched Stmt Sheet Prepare a schedule of cost of goods manufactured and sold for Year 1. PEREZ MANUFACTURING CORPORATION Cost of Goods Manufactured and Sold for Year 1 Raw materials available 0 Raw materials used 0 Total manufacturing costs 0 Total work in process inventory 0 Cost of goods manufactured 0 Goods available 0 Cost of goods sold $ 0 Req A and C Req D Inc Stmt >Required a. Record the preceding events in a horizontal statements model. The first event for Year 1 has been recorded as an example. c. Record the closing entry for over- or underapplied manufacturing overhead in the horizontal statements model, assuming that the amount is insignificant. d. Prepare a schedule of cost of goods manufactured and sold, an income statement, and a balance sheet for Year 1. Complete this question by entering your answers in the tabs below. Req A and C Req D CGM Req D Inc Req D Bal Sched Stmt Sheet Prepare an income statement for Year 1. PEREZ MANUFACTURING CORPORATION Income Statement for Year 1 0 $ 0 a. Record the preceding events in a horizontal statements model. The first event for Year 1 has been recorded as an example. c. Record the closing entry for over- or underapplied manufacturing overhead in the horizontal statements model, assuming that the amount is insignificant. d. Prepare a schedule of cost of goods manufactured and sold, an income statement, and a balance sheet for Year 1. Complete this question by entering your answers in the tabs below. Req A and C Req D CGM Req D Inc Req D Bal Sched Stmt Sheet Prepare a balance sheet for Year 1. PEREZ MANUFACTURING CORPORATION Balance Sheet for Year 1 Assets Total assets $ 0 Equity Total equity $