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 Credit Debit $ 66,000 35,000 22,500 0 12,000 4,000 Cash Accounts receivable Raw 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 atals $ 10,100 13,100 40,000 88,000 174,300 105,000 26,000 55,000 $325,500 $325,500 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 21-3010: Materials requisition 21-30111 Materials requisition 21-3012: Labor time ticket 6052 Labor time ticket 60531 Labor time ticket 6054. $ 4,200 direct materials to Job 402 $ 7,800 direct materials to Job 404 $ 2,400 indirect materials $ 6,000 direct labor to Job 402 $14,000 direct labor to Job 404 $ 5,000 indirect labor nits in process at year end. The predetermined overhead rate is 100% of Jobs 402 and 404 are the only direct labor cost 14 2-a. Post any entries from part 1 related to factory overhead to the T-account below to determine the amount of under-or overapplied overhead for the year. Determine whether there is any under-or overapplied overhead for the year 2-b. Prepare the adjusting entry to allocate any over- or underapplied overhead to cost of Goods Sold, assuming the amount is not material Complete this question by entering your answers in the tabs below. Required 2A Required 28 nt Post any entries from part 1 related to factory overhead to the T-account below to determine the amount of under-or overapplied overhead for the year. Determine whether there is any under-or overapplied overhead for the year ences Revised Factory Overhead account Ending balance from trial balance Required 20 > View transaction list Journal entry worksheet 1 Record the entry to allocate any overapplied or underapplied overhead. Note Enter debits before credits Date General Journal Debit Credit Dec 31 Record entry Clear entry View general Journal