Requirement 1. Which type of costing system is Henry using? What piece of data did you base your a wyslam. We know this because Harry's costing reconds show coats being accounted for each Requirement 2. Use the dates in the table to identify the status of each job at November 30 and December 31. Compute Henry's account balances at November 30 for Work-in-Process Inventory Finished Goods Inventory, and Cost of Goods Sold Compute by job, account balances at December 31 for Work-in-Process Inventory, Finished Goods Inventory and Cost of Goods Sold (f an input fald is not used in the schedule weve the input field empty do not select a label or eter Prepare the November schede fri folowed by the December Henry Manufacturing Computation of Workin Finished Goods Inventory and Cost of Goods Sold Data table Date For November and December Total Work Process Inventory Finished Goods Inventory Cost of Goods Bold Manufacturing Total Cost of Job Costs Added in Co Cost Cost November 30 Jeb No. 1 1103 Job No. 2 11/12 11/133 1,200 110 1100 1201 1300 JN31 1204 700 1.000 Job No. 41109 12129 1,100 1,000 Jub No. 5 1208 1212 750 December 31 Jub No1223 106 200 Total Requirement 3. Prepare journal entries to record the transfer of completed jobs from Work in Process inventory to Finished Goods Inventory to of the inumal entry table Print Done Requirement 3. Prepare joumal entries to record the transter of competed jobs from Workin Process Inventory to Finished Goods inventory for November and December (constrst, then credits. Select the explanation on the last te of the joumal entry table) Record November's entry first Date Nov 30 Accounts and Explanation Debil Credit Now record December's entry Date Dec. 31 Accounts and Explanation Deb Credit Requirement & Record the sale of Job 3 for $2.100 on account Record debits first, then credits. Select the explanation on the last line of the journal entry table) First, record the revenue related to the sale of job 3 on account Date Accounts and Explanation Debit Credit Requirement & Record the sale of Job 3 for $2,100 on account Record debts fint, then reds. Select the explanation on the last line of the journal entry tabs) First record the revenue related to the sale of job 3 Date account Accounts and Explanation Debit Credit Now record the cost of goods sold for Job 1 Date Accounts and Explanation Debil Credit Requirement 5. What is therefor Compute gross proft for J3 O prof