a$.$

Direct materials.

Direct labor.

Overhead applied.

Indirect materials.

Indirect labor.

Use the document information above to prepare journal entries for the above costs.

b$.$ In Factory Overhead T$-$account, enter amounts from part $1$ related to factory overhead. Determine the amount of over$-$ or underapplied overhead.

c$.$ Prepare the entry to close any over$-$ or underapplied overhead to Cost of Goods Sold.

d$.$ Prepare a revised list of account balances as of December $31.$ Hint: Use the prior year's Retained Earnings balance of $$93,000$ in this list.

e$.$ Prepare an income statement for the year and a balance sheet as of December $31.$ Hint: Retained earnings is $$112,000$ at the end of the current year.

f$.$ Assume that the $$1,600$ on materials requisition $12$ should have been direct materials charged to Job $404.$ Does this error result in overstatement or understatement of total assets?