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Required information Problem 15-2A Source documents, journal entries, overhead, and financial reports LO P1, P2, P3, P4 The following information applies to the questions displayed

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Required information Problem 15-2A Source documents, journal entries, overhead, and financial reports LO P1, P2, P3, P4 The following information applies to the questions displayed below.] Bergamo Bay's computer system generated the following trial balance on December 31, 2017. The company's manager knows something is wrong with the trial balance because it does not show any balance for Work in Process Inventory but does show a balance for the Factory Overhead account. In addition, the accrued factory payroll (Factory Payroll Payable) has not been recorded Credit Dobit $72.000 46.000 28.000 12,000 4.000 Accounts receivable Raw Baterials inventory Work in process inventory Finished goods Inventory Prepaid rent Recounts payable Notes payable Connon stock Retained earnings Sales Cost of goods sold Factory Overhead Operating expenses Totals $ 10, 100 13,100 40.000 93,000 200.000 116,000 30.000 $361.000 $361.000 After examining various files, the manager identifies the following six source documents that need to be processed to bring the accounting records up to date. Materials requisition 21-30101 Materials requisition 21-30111 Materials requisition 21-3012 Labor tine ticket 6052: Labor tine ticket 6053: Labor time ticket 6054 4.700 direct materials to Job 402 57.600 direct materials to Job 404 $ 2,600 Indirect materials $ 3.000 direct labor to Job 402 $16.000 direct labor to Job 404 $ .000 indirect labor Jobs 402 and 404 are the only units in process at year-end. The predetermined overhead rate is 150% of direct labor cost materiais requisition di Labor time ticket 6052 Labor time ticket 6053 Labor time ticket 6054 & indirect materia $ 3,000 direct labor to Job 402 $ 16,000 direct labor to Job 404 $ 1.000 indirect labor Jobs 402 and 404 are the only units in process at year-end. The predetermined overhead rate is 150% of direct labor cost. Problem 15-2A Part 1 a. Direct materials costs to Work in Process Inventory b. Direct labor costs to Work in Process Inventory. c. Overhead costs to Work in Process Inventory d. Indirect materials costs to the Factory Overhead account. e. Indirect labor costs to the Factory Overhead account Required: 1. Prepare journal entries to assign the above costs View transaction list View journal entry worksheet No Transaction General Journal Debit Credit

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