the first photo shows my answers but I need to know how to get these numbers I dont want to just plug the numbers in without knowing how to get them please help with formulas thanks LEHIGH MANUFACTURING CORPORATION Horizontal Statements Model 7 Rov Netine Antets Raw M HON WIP VI NA Cash 50,000 (14000) 16 000 F Goods NA Tu VN NA NA NA NA NA Equity D SK 60 000 NA MA NA NA NA NA WN VN NA NA NA NA NA NA MA VNI 9 10 11 12 13 14 15 16 17 18 19 20 21 22 223 24 25 26 (1 000) NA (4,000) NA VI 14 000 2 00) NA (4,000) NA 15 000) NA NA NA NA NA NA NA NA NA MA NA 1200 NA 600) (4800) 22 00) NA NA NA 2 800 6000 4000 8 000 6,000 4000 3,600 4300 2 400 (16,500) (12,400) NA NA NA NA NA 12,400 MA NA NA NA NA NA 16 000 12 400 NA (12 400) Ret Ear NA NA NA NA NA NA NA NA NA NA NA NA NA 20 000 (12 400) 18001 NA 1500) 10 VI NA NA NA NA NA MA NA NA NA NA NA NA 20,000 NA NA NA NA 20 NA NA NA MA NA NA NA NA NA NA NA NA NA NA MA NA NA NA NA NA NA NA NA WA HA 12 400 800 NA 20 000 1 Vi VIE VH (300) (11 300) 20 000 (12 400) (500 NA (0) 11 300 NA NA NA 16,800 Cat 000 SE 500 13,700 0000 VE Problem 12 13A Job order costing system Lehigh Manufacturing Corporation was started with the issuance of common stock for $60,000 It purchased $14 000 of raw materials and worked on three job orders during Year 1 for which data follow (Assume that all transactions are for cash unless otherwise indicated ) Page 563 Direct Raw Materials Used Direct Labor Job 1 $ 2 800 $ 6000 Job 2 4,000 8 000 Job 3 6 000 4000 Total $12 800 $18 000 Factory overhead is applied using a predetermined overhead rate of $0 60 per direct labor dollar Jobs 2 and 3 were completed during the period and Job 3 was sold for $20 000 cash Lehigh paid $800 for selling and administrative expenses Actual factory overhead was $11 300 Required Record the preceding events in a horizontal statements model The first event for Year I has been recorded as an example Balance Sheet Income Statement Assets Equity Cash Raw M MOH WIP F Goods C Stk Ret Ear Rev Exp Net Inc 60 000 NA NA NA NA 60 000 NA NA NA NA b Reconcile all subsidiary accounts with their respective control accounts c Record the closing entry for over or underapplied manufacturing overhead in the horizontal statements model, assuming that the amount is insignificant Prepare a schedule of cost of goods manufactured and sold, an income statement, and a balance sheet for Year I NN

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the first photo shows my answers but I need to know how to get these numbers  I dont want to just plug the numbers in without knowing how to get them  please help with formulas  thanks  LEHIGH MANUFACTURING CORPORATION Horizontal Statements Model 7 Rov Netine Antets Raw M HON WIP   VI NA Cash 50,000 (14000) 16 000 F  Goods NA Tu VN NA NA NA NA NA Equity D SK 60 000 NA MA NA NA NA NA WN VN NA NA NA NA NA NA MA VNI 9 10 11 12 13 14 15 16 17 18 19 20 21 22 223 24 25 26 (1 000) NA (4,000) NA VI 14 000 2 00) NA (4,000) NA 15 000) NA NA NA NA NA NA NA NA NA MA NA 1200 NA  600) (4800) 22 00) NA NA NA 2 800 6000 4000 8 000 6,000 4000 3,600 4300 2 400 (16,500) (12,400) NA NA NA NA NA 12,400 MA NA NA NA NA NA 16 000 12 400 NA (12 400) Ret Ear NA NA NA NA NA NA NA NA NA NA NA NA NA 20 000 (12 400) 18001 NA 1500) 10 VI NA NA NA NA NA MA NA NA NA NA NA NA 20,000 NA NA NA NA 20 NA NA NA MA NA NA NA NA NA NA NA NA NA NA MA NA   NA NA NA NA NA NA NA WA HA 12 400 800 NA 20 000   1 Vi VIE VH (300) (11 300) 20 000 (12 400) (500 NA (0) 11 300 NA NA NA 16,800 Cat 000 SE 500 13,700 0000 VE Problem 12 13A Job order costing system Lehigh Manufacturing Corporation was started with the issuance of common stock for $60,000  It purchased $14 000 of raw materials and worked on three job orders during Year 1 for which data follow  (Assume that all transactions are for cash unless otherwise indicated ) Page 563 Direct Raw Materials Used Direct Labor Job 1 $ 2 800 $ 6000 Job 2 4,000 8 000 Job 3 6 000 4000 Total $12 800 $18 000 Factory overhead is applied using a predetermined overhead rate of $0 60 per direct labor dollar  Jobs 2 and 3 were completed during the period and Job 3 was sold for $20 000 cash  Lehigh paid $800 for selling and administrative expenses  Actual factory overhead was $11 300  Required   Record the preceding events in a horizontal statements model  The first event for Year I has been recorded as an example  Balance Sheet Income Statement Assets Equity Cash   Raw M  MOH   WIP   F  Goods   C  Stk    Ret  Ear  Rev  Exp    Net Inc 60 000   NA NA   NA  NA   60 000   NA NA NA   NA b  Reconcile all subsidiary accounts with their respective control accounts c  Record the closing entry for over or underapplied manufacturing overhead in the horizontal statements model, assuming that the amount is insignificant   Prepare a schedule of cost of goods manufactured and sold, an income statement, and a balance sheet for Year I    NN

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the first photo shows my answers but I need to know how to get these numbers. I dont want to just plug the numbers in

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