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Required information The following information applies to the questions displayed below) Bergamo Bay's computer system generated the following trial balance on December 31, 2019. The

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Required information The following information applies to the questions displayed below) Bergamo Bay's computer system generated the following trial balance on December 31, 2019. 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 Wages Payable) has not been recorded. Cash Accounts receivable Rav materials inventory Work in process inventory Finished goods inventory Prepaid rent Accounts payable Notes payable Common stock Retained earnings Sales Cost of goods sold Factory overhead Operating expenses Totals Debit Credit $ 80,000 49,000 29,500 0 12,000 4,000 $ 11,600 14.600 40,000 87.000 214,300 120,000 26,000 47.000 5367,500 $367,500 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 time ticket 6053: Labor time ticket 6054 $ 4,800 direct materials to Job 402 $ 7,800 direct materials to Job 404 $ 2,000 indirect materials $ 5,000 direct labor to Job 402 $15,000 direct labor to Job 404 $ 5,000 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. 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 Journal entry worksheet 1 2 3 4 5 Demisie ATA A ANA

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