The only thing I need answered is the excel spreadsheets. Thank you

Step 1 You work for Thunderduck Custom Tables Inc. This is the first month of operations. The company designs and manufactures specialty tables. Each table is specially customized for the customer. This month, you have been asked to develop and manufacture two new tables for customers. You will design and build the tables. This is a no nail, no screw, and no glue manufacturing (no indirect materials used). You will be keeping track of the costs incurred to manufacture the tables using Job #1 Cost Sheet and Job #2 Cost Sheet. The cost of the direct materials that can be used to manufacture the table are as follows. These cost are on a per unit basis. Table Top $2,200.00 Table Leg $750.00 Drawer $420.00 The company uses a job order costing system and applies manufacturing overhead to jobs based on direct labor hours. The company estimates that there will be 12 direct labor hours worked during the month. a. The estimated manufacturing overhead cost for the month is: Factory supervisor salary per month b. Rent for the factory per month Depreciation of factory equipment per month Total Estimated manufacturing overhead $3,500.00 $ 700.00 $600.00 $4,800.00 c. What is the predetermined manufacturing overhead rate? 400 Step 2 Step 3 The first order you received was to manufacture a table using a table top and four legs. This is your Job #1. The customer that has ordered Job #2, wants table that is the same as Job #1, but wants to also add a drawer to the table. Step 2 Step 3 The first order you received was to manufacture a table using a table top and four legs. This is your job #1. The customer that has ordered Job #2, wants a table that is the same as Job #1, but wants to also add a drawer to the table. Step 4 The following is a list of transactions that need to be recorded for the company for activity in the month of December. Record those in the "General Journal" tab of the excel file using the proper format. Please use the following accounts: Accounts Receivables, Raw materials, Work in process, Finished goods, Accumulated depreciation, Accounts payable, Salaries and wages payable, Sales revenue, Manufacturing overhead, Cost of goods sold, Salaries and wages expense, Advertising expenses, and Depreciation expense. 1-Dec Raw Materials purchased on account, $22,000. 5-Dec All Raw Materials needed for Job #1 were requisitioned from the material storage for use during the month. Assume all materials are direct. (After you journalize this entry please enter the information into Job #1 Cost Sheet) 10-Dec The following employee costs were incurred but not paid during the month: There are three assembly employees that spend 2 hours each, $20 per hour to make the table for Job #1. (After you journalize this entry please enter the information into Job #1 Cost Sheet) Salary for supervisor of the factory $4,000. Administrative Salary $2,000. 15-Dec All Raw Materials needed for Job #2 were requisitioned from the material storage for use during the month. Assume all materials are direct. (After you journalize this entry please enter the information into Job #2 Cost Sheet) 16-Dec Rent for the month of December for the factory building incurred but not paid $700. 17-Dec Advertising costs incurred but not paid for the month was $1,200. 20-Dec Depreciation for the month of December was recorded on equipment was $750 ($150 for equipment used in the factory and the remainder for equipment used in selling and administrative activities). 22-Dec Manufacturing overhead cost was applied based on direct labor hours to Job #1 based on the POHR determined on the "Job Cost Sheet". (After you journalize this entry please enter the information into Job #1 Cost Sheet) 26-Dec Job #1 was completed and transferred to Finished Goods during the month. 28-Dec The completed table from Job #1 was sold on account to the customer for $27,000 during the month. (Hint: Make sure to account for the cost of the table that was sold using the cost from the job cost sheet.) 31-Dec Direct labor cost incurred but not paid for three employees to start manufacturing Job #2. The employees only worked one hour each, three hours total, $20 per hour during the month and they did not complete their work on the job. (After you journalize this entry please enter the information into Job #2 Cost Sheet) 31-Dec Manufacturing overhead cost was applied based on direct labor hours to Job #2 based on the POHR. Only three direct labor hours were worked on Job #2 during the month. (After you journalize this entry please enter the information into Job #2 Cost Sheet) 31-Dec Any underapplied or overapplied overhead for the month was closed out to Cost of Goods Sold. Step 5 Post the journal entries that you recorded on the "General Journal" tab to the "T-accounts" tab. This is the company's first month of business, so there will not be any beginning balances. Compute the balance for each T-account after all of the entries have been posted. Step 6 Prepare a Schedule of Cost of Goods Manufactured and a Schedule of Cost of Goods Sold on the "Schedule of COGM and COGS" tab for Job #1 and Job #2 that were worked on during the month by the company. Make sure to follow the format noted in your book (pg. 87). (Hint: This is the company's first month of operations and therefore the beginning balances will be zero.) Step 7 Prepare an Income Statement for the month using the Traditional Format on the "Income Statement" tab. Check Figure: Cost of Goods Manufactured= $7,720, Net operating income=$14,230 What is the ending balance for raw materials? What is the ending balance for work in process? What is the ending balance for finished goods? What is the actual manufacturing overhead cost incurred during December before adjustment? What is the total applied manufacturing overhead cost during December before adjustment? What is the unadjusted cost of goods sold? Was the manufacturing overhead for the month of December overapplied/underapplied ? What is the amount of Manufacturing overhead overapplied/underapplied? What is the adjusted cost of goods sold? What is gross margin? What is the total prime cost for Job#1? What is the total conversion cost for job #1? What is the total product cost for job#1? What was the period cost incurred for the month of December? What is the total variable cost incurred for Job #1(assume that all selling and administrative cost and all manufacturing overhead costs are fixed.)? What is the contribution margin for Job #1 (assume that all selling and administrative cost and all manufacturing overhead costs are fixed.)? 1 General Journal Description 2 Date Debit) Credit 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 22 Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comment X Insert v Calibri (Body) V 11 V AP Date ale + + Conditional Formatting Format as Table Cell Styles DX Delete @ Analyze Paste BI U 11 .00 A $ %) Editing Sensitivit Format Data Yes IN N K3 Open recovered workbooks? Your recent changes were saved. Do you want to continue working where you left off? A x fx A E F G H B D 1 J K L M N 0 P P 1 2 Account Receivables Accounts Payable Sales Revenue 3 4 5 6 7 8 9 10 Raw Materials Salaries and Wages Payable 11 12 Cost of Goods Sold 13 14 15 16 17 18 Work In Process 19 20 Salaries and Wages Expense 21 22 23 24 25 26 27 28 General Journal T-accounts (General Ledger) Job #1 Cost Sheet Job #2 Cost Sheet Schedule of COGM, COGS & Income + Ready @ + 116% M OFF Q Q Excel File Edit View Insert Format Tools Data Window Help AutoSave PESU ACCT 2302 project excel template_Name (2) Home Insert Draw Page Layout Formulas Data Review View Tell me Calibri (Body) . 11 AA Conditional Formatting Date LE Format as Table Paste B I U A $ % ) Cell Styles Share Comm Insert V FO DX Delete v v .00 >0 Editing Sensi 1. Format Analyze Data Open recovered workbooks? Your recent changes were saved. Do you want to continue working where you left off? Yes K3 foc A B C D E F G . 1 J K L M N O o 29 30 Finished Goods 31 Advertising Expense 32 33 34 35 36 37 I 38 Depreciation Expense 39 Manufacturing Overhead 40 41 42 43 44 45 46 47 Accumulated Depreciation 48 49 50 51 52 53 54 55 56 General Journal T-accounts (General Ledger) Job #1 Cost Sheet Job #2 Cost Sheet Schedule of COGM, COGS & Income + Ready . B + 11 B D E F G H 1 J L M N 0 P Q R 1 2 3 Job Cost Sheet Direct Materials: 4 Job Number Date Initiated 5 Item Date completed 6 7 Direct Labor Manufacturing Overhead Direct Matarials Amount 8 Hours Rate Amount Hours Rate Amount 9 10 11 12 13 Cost Summary 14 Direct Materials Direct Labor 15 16 Manufacturing Overhead Total Product Cost 17 18 Unit Product Cost 19 20 21 22 23 21 General Journal T-accounts (General Ledger) Job #1 Cost Sheet Job #2 Cost Sheet Schedule of COGM, COGS & Income + a Ready HH 131% Open recovered workbooks? Your recent changes were saved. Do you want to continue working where you left off? Q18 A X fx A B D E F G . 1 K L N o P Q R s 1 1 2 Job Cost Sheet Direct Materials: 3 Job Number Date Initiated 4 Item Date completed 5 6 Direct Matarials Direct Labor Manufacturing Overhead 7 Amount Hours Rate Amount Hours Rate Amount 8 9 10 11 12 Cost Summary 13 Direct Materials Direct Labor 14 15 Manufacturing Overhead 16 Total Product Cost 17 Unit Product Cost 18 19 20 21 22 23 24 25 26 Excel File Edit View Insert Format Tools Data Window Help AutoSave OFF PESU ACCT 2302 project excel template_Name (2) View Tell me Home Insert Draw Page Layout Formulas Data Review Insert LE Calibri (Body) V 11 - AP ab Wrap Text General PA DX Delet Paste BIU v A Av E- E Merge & Center $ % %) .00 0 Conditional Format Formatting as Table Cell Styles ! Form: Open recovered workbooks? Your recent changes were saved. Do you want to continue working where you left off? D14 fx A B D E F G H 1 J K L M N 0 Thunderduck Custom Tables, Inc. Schedule of cost of goods manufactured For the month Ended December 31, 20XX Thunderduck Custom Tables, Inc. Cost of goods sold For the month Ended December 31, 20XX Thunderduck Custom Tables, Inc. Income Statement For the month Ended December 31, 20XX 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 General Journal T-accounts (General Ledger) Job #1 Cost Sheet Job #2 Cost Sheet Schedule of COGM, COGS & Income + Ready