Q3) Q2-Topper company had the following inventory on Finished goods $15000 Word in process 19070 Materials 14000 The work in process account controls three jobs: W Finished goods Job 621 job622 job 623 3 Word in process Materials $2800 $3400 $1800 2100 1350 2700 1680 2160 1080 $6580 $8260 $4230 Total The following information pertains to October operation: a- Materials Purchased and received, $22000; terms, n/30. b- Materials requisitioned for production, $21000. Of this amount, $2400 was for indirect materials; the deference was distributed: $5300 to job 621; $7400 to job 622; an $5900 to job 623. c- Materials returned to the storeroom from the factory, $600 of which $200 was for indirect materials, the balance from job 622. d-Materials returned to the venders, $800. Payroll, $30780, was paid during October. 22 f of the payroll, direct labor represented 55%; indirect labor 2x4 %; sales sala. and administrative salaries, 10%; . the direct cost was distributed $6420to job 62 $8160 to job 622; and $6320 to job 623. g-Factory overhead other than any previously mentioned, amounted to $5500. Included in this figure were $2000 for depreciation of factory building and equipment and $250 for expired insurance on the factory. The remaining overhead $3250 was unpaid at the end of October. 2002 h- Factory overhead applied to production: 80% of the direct labor cost to be charged to the three jobs based on the dost for October. 1- Job 621 and 622 were completed and transferred to the finished goods warehouse. j- Both Job 621 and 622 were shipped and billed at gross profit of 40% of the cost of goods sold. k-cash collections from account receivable during October Required: (1) Prepare job order cost sheets to post beginning inventory data. (2) journalize the October transaction with current postings to general ledger inventory accounts and to job order cost sheets.