Stockman Co. began 2010 with three jobs in process: Type of Cost Job no. Direct Material Direct Labor Overhead Total 247 $77,200 91,400 36,560 205,160 251 176,600 209,800 83,920 470,320 253 145,400 169,600 67,840 382,840 totals 399,200 470,800 188,320 1,058,320 During 2010, the following transactions occurred: 1. the firm purchased and paid for 542,000 of raw material. 2. factory payroll records revealed the following: indirect labor incurred was 54,000 direct labor in curred was 602,800 and was associated with the jobs as follpws: Job No. Direct Labor Cost 247 17,400 251 8,800 253 21,000 254 136,600 255 145,000 256 94,600 257 179,400 3. material requisition forms issued during the year revealed the following: indirect material issued totaled 76,000. direct material issued totaled 466,400 and was associated with jobs as follows: job no. direct material cost 247 12,400 251 6,200 253 16,800 254 105,200 255 119,800 256 72,800 257 133,200 4. overhead is applied to jobs on the basis of direct labor cost. management budgeted overhead of 240,000 and total direct labor cost of 600,000 for 2010. actual total factory overhead costs ( including indirect labor and indirect material) for the year totaled 244,400. 5. jobs #247 through #255 were completed and delivered to customers who paid for the goods in cash. the revenue on these jobs was 2,264,774. a. journalize all preceding events. b. determine the ending balances for the jobs still in process. c. determine the cost of jobs sold,adjusted for underapplied or overapplied overhead.

I mainly need help with journalizing the entries and figuring out how to caluclate the numbers for the entries.